The video discusses three stock picks the presenter likes, even though the overall S&P 500 market is trading at high valuations. The first stock analyzed is ASML, currently priced at $742.16; the presenter believes its growth hasn't fully reflected in the market, considering it the toll bridge to innovation. He notes ASML's significant market share in semiconductor lithography, coupled with double-digit revenue growth in its installed base management segment. The risk he assigns is the dependence on China. Secondly, the presenter considers Adobe at a PE of 16 attractive, and suggests it has solid fundamentals, despite bad market sentiment; as it is a software business with a high percentage of recurring revenues and a dividend. Finally, OTIS at $87.43 trades below its average earnings and has strong service businesses with steady cashflows; the downside is China as well.