What Happened?

Shares of civil infrastructure construction company Sterling Infrastructure (NASDAQ:STRL) jumped 5.4% in the morning session after stocks rebounded, following a broad-based sell-off the previous day. The Nasdaq was down 4%, while the S&P fell 2.7% as concerns over the ongoing trade war continued to spread. While those concerns haven't exactly disappeared, it's likely some investors looked to take positions in some of the beaten-down stocks, especially some of the high-quality names that got caught up in the sell-off.

After the initial pop the shares cooled down to $116.58, up 5% from previous close.

Is now the time to buy Sterling? Access our full analysis report here, it’s free.

What The Market Is Telling Us

Sterling’s shares are extremely volatile and have had 30 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

Sterling is down 30.5% since the beginning of the year, and at $116.58 per share, it is trading 41.9% below its 52-week high of $200.56 from January 2025. Investors who bought $1,000 worth of Sterling’s shares 5 years ago would now be looking at an investment worth $11,835.

Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.