Here is the alternate title: The Top 5 Non-Tech Stocks to Watch in Q1
Forget Tech: Buy These 5 Non-Tech High-Flyers of Q1
April 27, 2022 - As the tech sector continues to dominate the headlines, investors may be overlooking some high-flying non-tech stocks that are delivering impressive returns. In this article, we will highlight five non-tech companies that have outperformed the broader market in the first quarter of 2022.
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Shopify (SHOP) - E-commerce powerhouse Shopify has been on a tear, with its stock price surging over 25% in the first quarter. The company's strong Q1 earnings report and guidance have investors excited about its long-term growth prospects.
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Deere & Company (DE) - Agricultural equipment manufacturer Deere & Company has seen its stock price jump over 20% in the first quarter. The company's strong Q1 earnings report and guidance, as well as its plans to invest in autonomous farming technology, have investors optimistic about its future.
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3M (MMM) - Industrial conglomerate 3M has seen its stock price rise over 15% in the first quarter. The company's strong Q1 earnings report and guidance, as well as its plans to spin off its healthcare business, have investors excited about its long-term growth prospects.
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Union Pacific Corporation (UNP) - Railroad operator Union Pacific has seen its stock price surge over 20% in the first quarter. The company's strong Q1 earnings report and guidance, as well as its plans to invest in new technology and infrastructure, have investors optimistic about its future.
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Norfolk Southern Corporation (NSC) - Railroad operator Norfolk Southern has seen its stock price rise over 15% in the first quarter. The company's strong Q1 earnings report and guidance, as well as its plans to invest in new technology and infrastructure, have investors excited about its long-term growth prospects.
These five non-tech companies have outperformed the broader market in the first quarter of 2022, and their strong earnings reports and guidance have investors excited about their long-term growth prospects. While the tech sector may continue to dominate the headlines, investors may want to consider these high-flying non-tech stocks as a way to diversify their portfolios and potentially capture some of the upside in the market.