Goldman Sachs has identified a set of stocks it believes are poised to outperform while remaining largely immune to the volatility of the artificial intelligence craze. The bank highlights companies like Eli Lilly and Fortinet as having low correlation to the AI theme.
This recommendation comes as investors grapple with whether the AI rally has run its course or still has room to grow. By diversifying into sectors less tied to AI, Goldman suggests a hedge against potential drawdowns in tech-heavy portfolios.
Eli Lilly, a pharmaceutical giant, and Fortinet, a cybersecurity firm, represent industries with independent growth drivers. Goldman's analysis indicates these stocks offer stability and returns not dependent on AI adoption or chip demand.
The call implies that not all market gains must come from AI-linked names. For investors seeking to reduce concentration risk, Goldman's picks provide an alternative path to returns without chasing the same narrative.