In this article, we will take a look at the 5 Set-It-and-Forget-It Stocks to Buy Right Now. For a deeper discussion and an expanded list, please see 10 Set-It-and-Forget-It Stocks to Buy Right Now.
5. Gilead Sciences Inc. (NASDAQ:GILD)
Gilead Sciences Inc. (NASDAQ:GILD) ranks among the best set-it-and-forget-it stocks to buy right now. Cantor Fitzgerald restated an Overweight rating and a $155 price target for Gilead Sciences Inc. (NASDAQ:GILD) on June 9, following the company’s clinical research findings.
Gilead Sciences Inc. (NASDAQ:GILD), in collaboration with Merck, revealed solid top-line results from the phase 3 ISLEND-1 and ISLEND-2 studies of weekly islatravir/lenacapavir for HIV medication. Additionally, the companies reported negative findings from the EVOKE-03 study comparing Trodelvy with Keytruda versus Keytruda monotherapy in patients with first-line PD-L1 non-small cell lung cancer.
Moreover, on June 8, RBC Capital reaffirmed its $122 Sector Perform rating for Gilead Sciences Inc. (NASDAQ:GILD). The firm made remarks regarding the company’s position in the domain of in vivo CAR-T treatment.
The firm added that in vivo CAR-T represents a possible risk to a sector that is estimated to account for 10-15% of Gilead’s potential revenue. According to RBC Capital, Gilead Sciences Inc. (NASDAQ:GILD) has begun to build promising technology in the field with differentiating features and a wide approach that incorporates current experience.
Gilead Sciences Inc. (NASDAQ:GILD) is a drug manufacturer that develops medicines for unmet medical needs. The company provides treatments for HIV-1, chronic hepatitis C, primary biliary cholangitis, chronic hepatitis B, and serious invasive fungal infections. It also offers T-cell and CAR T-cell therapies for adult patients, intravenous injections, and treatments for COVID-19.
4. ServiceNow Inc. (NYSE:NOW)
ServiceNow Inc. (NYSE:NOW) ranks among the best set-it-and-forget-it stocks to buy right now. Following a discussion with ServiceNow Inc. (NYSE:NOW) management, Oppenheimer reiterated its Outperform rating and $130 price target for ServiceNow on June 10. The conversation left the firm slightly optimistic about ServiceNow’s second-half 2026 prospects and the likelihood of business reacceleration in the year to come.
The firm believes ServiceNow Inc. (NYSE:NOW) has strong fiscal year 2030 financial targets, with the company appearing to be on track for a 10%+ AI business by 2026, with a subscription revenue gross margin floor projection.
Furthermore, on June 4, Cognizant Technology announced the integration of its Neuro AI Trust platform with ServiceNow Inc. (NYSE:NOW), which will provide companies with comprehensive AI governance and monitoring tools across AI platforms.
The integration creates what the companies refer to as a unified ecosystem for handling AI governance across the AI lifecycle by combining ServiceNow’s AI Control Tower with Cognizant’s AI assurance platform.
ServiceNow Inc. (NYSE:NOW) provides cloud-based and AI-embedded end-to-end workflow automation solutions for enterprises. The company is located in Santa Clara, California, and was founded in June 2004 by Frederic B. Luddy.
3. Honeywell International Inc. (NASDAQ:HON)
Honeywell International Inc. (NASDAQ:HON) ranks among the best set-it-and-forget-it stocks to buy right now. Following the company’s investor day event, which featured panels, presentations, and meetings with the management team, Mizuho reaffirmed an Outperform rating on Honeywell International Inc. (NASDAQ:HON) with a $240 price target on June 12. Notably, the company announced its three-year financial targets at the event, which include 4% to 6% organic growth and over 60 basis points in annual margin growth.
Mizuho observed that the investor day’s tone was optimistic and self-assured, emphasizing physical AI momentum, portfolio change, and a business strategy focused on developing and refining the existing base.
However, the firm stated that management must demonstrate increased development following weak performance in recent years, notably in the Industrial Automation and Process Automation & Technology segments. According to Mizuho, if the expected 3-4% like-for-like pricing impact is achieved over the coming three years, the base volume estimates appear cautious considering the low levels across several divisions.
Honeywell International Inc. (NASDAQ:HON) operates across multiple business areas, including industrial automation, aerospace technologies, building automation, and energy and sustainable solutions. The company operates across Europe, the United States, and other international markets.
2. Salesforce Inc. (NYSE:CRM)
Salesforce Inc. (NYSE:CRM) ranks among the best set-it-and-forget-it stocks to buy right now. On June 12, TD Cowen reaffirmed its $240 price objective and Buy rating on Salesforce Inc. (NYSE:CRM). The update came after the firm hosted an investor dinner with new IR Senior Director Lauren O’Brien and the Vice President of Investor Relations, Valmik Desai.
The discussion focused on shaping AI momentum in the first quarter and its effects for second-half growth acceleration, Agentforce’s market edge, and new implementation of FDEs, the transition to a headless framework, and Slack’s strategic significance.
Moreover, on that same day, CVS Health and Salesforce Inc. (NYSE:CRM) announced an extension of their collaboration to implement AI technology throughout call centers that cater to clinicians and members of CVS Health’s Aetna and CVS Caremark brands.
CVS Health will leverage Salesforce’s Agentforce Health platform to give real-time data to call center workers. The technology aims to enable call centers to resolve customer concerns in a single interaction when possible.
Salesforce Inc. (NYSE:CRM) is a global enterprise software company that provides customer relationship management (CRM) and cloud-based business applications across sales, service, marketing, commerce, and data analytics. Its Customer 360 platform, powered by data tools and trusted AI, enables organizations to unify customer data and drive personalized engagement.
1. PepsiCo, Inc. (NASDAQ:PEP)
PepsiCo, Inc. (NASDAQ:PEP) ranks among the best set-it-and-forget-it stocks to buy right now. On June 11, Bernstein SocGen Group began coverage of PepsiCo, Inc. (NASDAQ:PEP) with a Market Perform rating and a price objective of $143. The firm identified issues in the company’s snacking industry, pointing out that PepsiCo, Inc. (NASDAQ:PEP) endures the most challenging category condition across companies in its covered universe and is losing its market dominance.
In contrast, Pepsico’s international business remains strong and profitable, countering some of its North American problems. According to Bernstein, the market understands this edge quite well.
The firm anticipates 3% year-over-year earnings per share increase during the upcoming twelve months and the subsequent twelve months.
Moreover, Barclays analysts have highlighted that consumer products companies, such as PepsiCo, Inc. (NASDAQ:PEP), can manage rising input costs while preserving profit margins. This review comes as the SEC considers switching U.S. public corporations to semi-annual financial reporting.
One of the most well-known names in the world, PepsiCo, Inc. (NASDAQ:PEP), is an American multinational company involved in the food, snack, and beverage sectors.
While we acknowledge the potential of PEP 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 PEP and that has 100x upside potential, check out our report about the cheapest AI stock.
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