Dell, Weyerhaeuser, Visa: A Cross-Sector Look at Former Stock Picks -- Barrons.com

Dow Jones03-19 10:54

By Doug Busch

Markets move quickly. Yesterday's winners don't always stay that way, but they can offer investors a second chance. This week we look across a diverse set of sectors. Technology, real estate, and financials:

   -- Dell Technologies was introduced by Jacob Sonenshine in October. 
 
   -- Weyerhaeuser was covered by Andrew Bary in December. 
 
   -- Visa reported by Teresa Rivas in November. 

This note revisits recent stock picks where recent developments favor fresh buy or sell signals. Read last week's edition here.

Dell Technologies

Dell is showing relative strength in 2026, up 21% while the benchmark State Street Technology Select Sector SPDR ETF is down 3%. Dell is 9% off its most recent 52-week high and remains above the level reached during the 21% weekly gain the last week of February. The stock has fallen 7% since our recommendation.

Its daily chart shows Dell is no stranger to acting well against tech peers, as seen on the ratio chart between last April and October. It is now forming a bull flag formation. A bearish death cross was registered in January, but note the 50-day simple moving average is starting to slope higher for the first time since May. That kicked off a nice price run on the back of consecutive bullish engulfing candles last April. The stock is currently at a $153.82 double bottom with handle pivot in a base that quickly took shape following the latest earnings reaction on Feb. 27. The pattern started with some dubious candlesticks in the fourth quarter, featuring a dark cloud cover on Oct. 9 followed by a cluster of a doji and bearish engulfing candles later that month.

I think the stock can reach $200 by year end, a 31% gain from current prices. Remain bullish above $143.50. Dell Technologies was trading around $ Wednesday.

Weyerhaeuser

The timber and wood products play is having a pedestrian 2026 so far, with a return of 2%. The stock is 20% off its most recent 52-week high and trying to end a four-week losing streak. It is up almost 3% this week heading into Wednesday and has gained 13% since our recommendation.

The daily chart shows it retesting the nascent break above a ratio chart downtrend against the State Street Real Estate Select Sector SPDR ETF that came last December. Note the stock feels uncomfortable near the $27.50 level, being rejected there four times dating back to May. It recorded a bullish golden cross in February when the 50-day simple moving average crossed above the 200-day simple moving average. A doji candle on March 12 inspires confidence that a bottom could be in play here, which also retested a powerful bullish piercing line candle from Jan. 8.

Enter here and add to above a double bottom pivot of $25.07, and look for a move toward $28 in the second half, which would be a gain of 16% from current prices. Remain bullish above $22.75. Weyerhaeuser was trading around $ Wednesday.

Visa

The credit services stock is down 12% year to date and 8% over the past year. It trades 18% off its most recent 52 week high and has declined seven of the last nine weeks, including weekly drops of 5% and 6% in the weeks ending Jan. 16 and Feb. 13. Bulls should feel empowered after the bullish hammer three weeks ago that closed 6% off intraweek lows. The stock has fallen 9% since our recommendation.

The daily chart shows how this stock has underperformed financial peers reflected in the State Street Financial Select Sector SPDR ETF. However, a good risk/reward scenario is playing out with a potential double bottom at the very round $300 number, matching the last April lows. The peak came after a bearish harami on June 12, and the stock continued to drift lower into the fourth quarter of 2025 where a bearish head and shoulders pattern formed. The $325 pivot was taken out on Feb. 13, but the bulls can take solace in the bullish morning star completed on Feb. 25. I think the stock can gravitate toward $350 in the second half, a gain of 14% from current prices. Remain bullish above $295. Visa was trading around $ Wednesday.

Sometimes the best opportunities aren't new ideas, they're familiar names setting up for their next move.

Doug Busch is the senior technical analyst at Barron's Investor Circle . His technical view is added to stock picks, including those published exclusively for Investor Circle readers. A glossary of technical terms is updated regularly with new entries.

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

March 18, 2026 22:54 ET (02:54 GMT)

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