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Some non-technology stocks with momentum that investors are buying into year-end

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On CNBC's 'Worldwide Exchange,' Frank Holland reviewed the outlook for Nvidia with guests and some attractive alternatives outside of the tech industry.

Investors Tuesday morning were gearing up for Nvidia's big report on Wednesday, while looking at some areas outside of technology to increase exposure into a likely volatile year-end. Worldwide Exchange word of the day: Nimble Bill Baruch of Blue Line Futures is positioning for a short-term pullback in the markets, possibly a correction.

Baruch is also seeing big opportunities in the energy market, due to the expectations of Federal Reserve rate cuts and tension in the Middle East moving oil prices higher in the last week. He remains bullish on the market long term.Nvidia shares have jumped more than 26,000% over the last decade. Degas Wright of Decatur Capital Management said a lot of his confidence in Nvidia is derived from his confidence in Jensen Huang and his 30 years of experience as the founder and CEO.

 

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