5 Best Non-Tech Stocks to Buy According to Analysts

4. DoorDash, Inc. (NASDAQ:DASH)

Analyst Upside: 43.68%

DoorDash, Inc. (NASDAQ:DASH) is one of the best non-tech stocks to buy according to analysts. BTIG cut the price target on DoorDash, Inc. (NASDAQ:DASH) to $225 from $280 on June 12 and maintained a Buy rating on the shares, telling investors in a research note that macro worries are weighing on the firm’s Rideshare and Delivery coverage, with multiples hitting multi-year lows. However, it stated that despite investor worry around the sustainability of the U.S. order growth, tracking is upbeat for DoorDash, and the firm sees stable site traffic and healthy app monthly active user trends.

DoorDash, Inc. (NASDAQ:DASH) also received a rating update from Argus on June 11. The firm cut the price target on the stock to $190 from $210 but maintained a Buy rating on the shares, telling investors in a research note that it is positive on the company’s strong balance sheet and expanded focus on grocery delivery, which is expected to grow at more than twice the rate of meal delivery.

DoorDash, Inc. (NASDAQ:DASH) is involved in the design, operation, and development of a food delivery and logistics platform that operates in the United States, Canada, and Australia.