economy
January 13, 2026
Buy these non-tech stocks with strong growth potential, says Trivariate Research
Trivariate founder and CEO Adam Parker said S&P 500 earnings expectations appear too high, especially in technology and industrial stocks.

TL;DR
- Trivariate Research introduced a 'non-technology compounders' stock basket for investors seeking alternatives to high-growth tech stocks.
- The firm holds a neutral stance on U.S. equities, citing concerns about elevated valuations and potentially unrealistic earnings estimates.
- The 'non-technology compounders' basket aims to position investors away from vulnerable market segments.
- Companies mentioned in the basket include Amazon, Philip Morris International, NextEra Energy, Visa, Uber Technologies, and Booking Holdings.
- Amazon's inclusion is attributed to expected AWS growth and focus on emerging technologies.
- Philip Morris International is recognized for efforts to increase demand for Zyn in the U.S.
- NextEra Energy's growth is fueled by steady earnings and long-term energy deals for data centers.
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