Discount retailer Five Below (FIVE) and chipmaker STMicroelectronics (STM) are breaking out decisively, while VF Corp. (VFC) is staging a low-volume breakout and Monday’s IBD Stock of the Day Akamai Technologies (AKAM) is retaking a buy point.

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Five Below

Bargain chain Five Below has climbed into buy zone, rising 2.1% to 78.88 on the stock market today, clearing a 78.38 entry from an 8-week flat base. The stock is at an all-time high, as is its relative strength line.

The company is getting set to report first-quarter earnings after the close Wednesday. Meanwhile, Retail-Discount & Variety Group leader Ollie’s Bargain Outlet (OLLI) reports Q1 results after the close Tuesday.

A common pitfall for new and experienced investors alike is to buy a stock just ahead of its earnings report because it’s “acting right,” which is why IBD introduced an options strategy to limit risk around earnings.

A large number of retailers have broken out over the past few weeks as tax cuts and strong hiring support consumer spending.

STMicroelectronics

The European electronics and semiconductor manufacturer jumped 4.4% to 24.84, topping a 24.62 buy point from a 51-day cup-with-handle base, MarketSmith analysis shows.

The stock boasts impressive fundamentals, with an excellent IBD Composite Rating of 96 and a best-possible EPS Rating of 99.

VF Corp.

The clothing giant edged up 0.4% to 83.26, entering buy zone from a 16-week cup-with-handle base with an 83.03 entry. However, volume did turn slightly higher, but wasn’t great. The small price action also doesn’t scream “breakout.”

Earnings grew 31% last quarter, up from 19% in the prior report. Revenue also increased, from 20% to 22%. The maker of Vans, North Face, Lee, Wrangler and other brands holds the No. 4 rank among its peers in the Apparel-Clothing Manufacturing industry group.

Akamai Technologies

Cloud-based internet content delivery provider Akamai Technologies rallied 2.5% to 78.99, retaking a cup-with-handle buy point of 77.69 after clearing that threshold intraday on May 22 but closing below it.

The stock’s relative strength line is also at its highest level in almost three years.

Las Vegas Sands

The casino giant dipped 0.6% to 79.31, back below a 79.94 correct entry from a 17-week flat base, though it did touch the mark earlier in the trading session. Trading has been choppy however, most recently when three up days were followed by two down sessions in heavy volume.

There were signs last month the stock was setting up for a possible move when its Relative Strength Rating entered a new percentile, increasing to 82. However it has since slipped back to 81. The mark is important measures a stock’s price performance over the last twelve months, compared to all stocks in the IBD database.

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