9 Stocks and 5 ETFs Unaffected by AI-Related Risks
Selection criteria include high return on equity and invested capital, free cash flow, and interest coverage
The selection by the American investment company Piper Sandler includes nine companies with a market capitalization above $100 billion: AT&T (T), T-Mobile US (TMUS), Marathon Petroleum (MPC), Valero Energy (VLO), UnitedHealth Group (UNH), Lockheed Martin (LMT), Uber Technologies (UBER), Salesforce (CRM), and Southern (SO).
Such stocks typically perform better when the market moves away from peak values. According to the firm's assessment, a worsening macroeconomic backdrop before 2027 may push investors toward more resilient companies. Among the factors mentioned are rising short- and long-term interest rates, high oil prices, weak interest in budget expenditures, and slowing activity in the housing market.
Access to this segment can also be gained through five exchange-traded funds: American Century U.S. Quality Growth ETF (QGRO), Invesco S&P 500 Quality ETF (SPHQ), iShares MSCI USA Quality GARP ETF (GARP), JPMorgan U.S. Quality Factor ETF (JQUA), and Northern Trust US Quality Large Cap ETF (QLC). These were ranked by profitability, valuation levels, and earnings dynamics.
