Top Mutual Funds Bet on AI and Construction Stocks Including Breakout Play Granite
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Top mutual funds are buying AI stocks like Nvidia, Microsoft, and Meta, but also construction stocks like Granite Construction (GVA).
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34 building stocks made the monthly list of new buys by top mutual funds, the largest industry grouping.
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GVA stock is breaking out, with shares nearing the top of its buy zone after clearing a 52.24 entry point.
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GVA has strong fundamentals, including a 99 Composite Rating that puts it in the top 1% of stocks.
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The IBD Breakout Opportunities ETF provides exposure to breakout stocks like GVA and tracks the IBD Breakout Stocks Index.