In this article, we will list the 5 Best Non-Tech Stocks to Buy According to Analysts. Please visit 10 Best Non-Tech Stocks to Buy According to Analysts if you would like to see the extended list and the methodology behind it.
5. Carvana Co. (NYSE:CVNA)
Analyst Upside: 40.77%
Carvana Co. (NYSE:CVNA) is one of the best non-tech stocks to buy according to analysts. RBC Capital cut the price target on Carvana Co. (NYSE:CVNA) to $85 from $92 on June 12 and reaffirmed an Outperform rating on the shares, telling investors in a research note that the firm is updating its retail unit cohort model to gauge market share gain expectations embedded into Street estimates. RBC Capital added that its primary take is that the Street’s implied FY26 and FY27 market share gains appear a bit more aggressive than prior years.
In a separate development, Carvana Co. (NYSE:CVNA) reported on June 10 that ADESA, a leader in wholesale auto auctions and a subsidiary of Carvana (NYSE: CVNA), announced the launch of ADESA Timed, which is the latest enhancement to ADESA’s growing digital wholesale platform. Building on the success of ADESA Clear, ADESA Timed extends ADESA’s timed digital auction offering to wholesale sellers. Nikki Behrens, ADESA’s Vice President, Marketplaces, stated that ADESA Timed offers customers “a new way to reach ADESA’s highly-engaged, digital buyer base while benefiting from the same transparency, efficiency, and technology that define our marketplace.”
Carvana Co. (NYSE:CVNA) is a holding company and eCommerce platform involved in the buying and selling of used cars.
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.
3. Newmont Corporation (NYSE:NEM)
Analyst Upside: 48.80%
Newmont Corporation (NYSE:NEM) is one of the best non-tech stocks to buy according to analysts. Newmont Corporation (NYSE:NEM) provided an update on June 21 following a seismic event that occurred on Friday, June 19, near its Cadia operations in New South Wales. It reported that all underground personnel were returned to the surface at the time of the seismic event safely, with no reported injuries and no recorded damage to infrastructure. It added that the underground and aboveground inspections were completed, with operations resuming over the weekend following a staged restart. Newmont Corporation (NYSE:NEM) also stated that the safety and well-being of its workforce remains its top priority.
In a separate development, Newmont Corporation (NYSE:NEM) received a rating update from CIBC on June 1, with the firm lowering the price target on the stock to $175 from $176 and maintaining an Outperformer rating on the shares after incorporating the stronger-than-expected Q1 results and updating the firm’s model for higher expected costs and for the second half cadence and outlook.
Newmont Corporation (NYSE:NEM) explores and acquires gold properties containing copper, silver, lead, zinc, or other metals. Its operations are divided into the following geographical segments: Canada, Mexico, Suriname, Argentina, Peru, Australia, Papua New Guinea, Ghana, and the US.
2. Intercontinental Exchange Inc. (NYSE:ICE)
Analyst Upside: 49.34%
Intercontinental Exchange Inc. (NYSE:ICE) is one of the best non-tech stocks to buy according to analysts. TD Cowen cut the price target on Intercontinental Exchange Inc. (NYSE:ICE) to $153 from $193 on June 22 and maintained a Buy rating on the shares. The firm told investors in a research note that it cut price targets for the majority of its exchange coverage. It added that the emergence of perpetual futures is likely to keep alive “terminal value” concerns and curb stock multiples even as volumes are generally trending favorably.
Intercontinental Exchange Inc. (NYSE:ICE) reported its May 2026 statistics on June 3, stating that the total average daily volume (ADV) rose 14% year-over-year, with open interest (OI) up 24% year-over-year, including a record OI of 130.6M lots on May 25. Total Energy OI rose 6% year-over-year, including record options OI of 31.2M lots on May 22. The company also reported that the total Agriculture & Metals ADV grew 60% year-over-year, with OI up 39% year-over-year.
Intercontinental Exchange Inc. (NYSE:ICE) is involved in the provision of market infrastructure, data services, and technology solutions. The company’s operations are divided into the following segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology.
1. PDD Holdings Inc. (NASDAQ:PDD)
Analyst Upside: 54.02%
PDD Holdings Inc. (NASDAQ:PDD) is one of the best non-tech stocks to buy according to analysts. PDD Holdings Inc. (NASDAQ:PDD) received a rating update from BNP Paribas on June 15. The firm initiated coverage of the stock with an Underperform rating and set a price target of $89.
The same day, BofA cut the price target on PDD Holdings Inc. (NASDAQ:PDD) to $113 from $140 and maintained a Neutral rating on the shares. The firm told investors that it lowered its 2026-27 revenue forecasts by 6% and adjusted its net profit view by 21%-22% to take into account the increased ecosystem investments, which include commission rebates, merchant traffic support, and platform-funded coupons booked as contra revenue.
PDD Holdings Inc. (NASDAQ:PDD) also received a rating update from Barclays on May 28. The firm downgraded the stock to Equal Weight from Overweight, bringing the price target on the stock down to $89 from $165. The firm told investors in a research note that PDD Holdings Inc. (NASDAQ:PDD) reported its lowest non-GAAP net margin in five years in fiscal Q1.
PDD Holdings Inc. (NASDAQ:PDD) is a Chinese multinational online commerce group and retailer that owns and operates a range of diverse businesses. It also has a strong logistics, sourcing, and fulfillment capabilities network that supports its operations. The company owns Pinduoduo, a popular online commerce platform in China, and also runs the fast-growing e-commerce marketplace Temu.
While we acknowledge the potential of PDD to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PDD and that has 100x upside potential, check out our report about the cheapest AI stock.
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