Buying strength in electronic equipment with a hot drone stock
By Steve Strazza
March 7, 2026
Welcome back for another Top Down Trade of the Week.
This is a classic leadership scan.
We start with the best sectors, then drill into the subgroups. We pick one, and then take a look at the top stocks in it.
Today’s standout is Technology, surging 4 spots up the board from last week, and now back in the top 5 of our sector rankings.
The Technology sector has been a bright spot, offering a degree of stability in an otherwise rough tape so far in March. The sector is digging in and refusing to break down on both an absolute and relative basis.
With the broader market looking to establish a tradable low, evidence is mounting that big tech stocks will lead it out of this corrective wave.
Here’s a peek at our overall industry rankings, which shows Electronic Equipment moving up 15 spots and breaking into the top 20.
Here are the Top 10 names in the Electronic Equipment subsector, ranked by relative strength.