🇪🇸 **Goldman Sachs: Three New Stock Trades Emerge as the AI Momentum Trade Gyrates**

• AI-infrastructure stocks just pushed Goldman's momentum factor to its **highest realized volatility in 45 years** outside of a recession, sending investors hunting for trades uncorrelated to AI.
• Three picks: **consumer-experience stocks** (cheap, low AI-disruption risk), **"compounder"** stocks (EPS growth ~2x the S&P 500 median, now at a record valuation discount), and **M&A candidates** (US M&A volume up **32% YoY to $1.2T** in 2026).
• _"Our conversations with investors have also focused on the challenge of finding investment opportunities not tied to AI"_ — Ben Snider, Chief US Equity Strategist.

[🔗 Read more](/leaving?url=aHR0cHM6Ly93d3cuZ29sZG1hbnNhY2hzLmNvbS9pbnNpZ2h0cy9hcnRpY2xlcy90aHJlZS1uZXctc3RvY2stdGhlbWVzLWFyZS1pbi1mb2N1cy1hcy10aGUtYWktdHJhZGUtZ3lyYXRlcw==)
[#goldmansachs](/search?q=%23goldmansachs)