Non-tech stocks thriving in Q1 2025 amid market volatility and negative performances

From Zacks Investment Research: 2025-03-27 10:42:00

Wall Street is experiencing volatility in Q1 of 2025. U.S. stock markets are set to close the quarter with negative performances, unlike the last two years. The S&P 500, Nasdaq Composite, Russell 2000, S&P 600, and S&P 400 indexes are all in negative territory year to date. Amidst talk of AI, quantum computing, and 5G/6G, five non-tech stocks have thrived, offering double-digit returns YTD. These stocks include Tapestry Inc., WEC Energy Group Inc., CenterPoint Energy Inc., CME Group Inc., and Cardinal Health Inc. The volatile market is primarily fueled by uncertainty over tariffs, trade policies, and economic impact.

Tapestry Inc. has seen revenue growth, raised its full-year outlook, and expects $6.85 billion in revenues for fiscal 2025. WEC Energy Group Inc. benefits from strategic investments and improving demand, with expected revenue and earnings growth rates of 9.2% and 8.5% respectively. CenterPoint Energy Inc. is investing in infrastructure to capitalize on growing demand for electricity, particularly in the EV market. CME Group Inc. is leveraging its market position and product innovation, offering cryptocurrency options. Cardinal Health Inc.’s Pharmaceutical segment drives growth with a diverse portfolio.



Read more at Zacks Investment Research: Forget Tech: Buy These 5 Non-Tech High Flyers of Q1 – March 27, 2025