‘Buy China, Sell AI’ Is The Ultimate Contrarian Trade By This Top Wall Street Analyst: Find Out Why

As investors continue to flock to technology firms on the back of the AI boom, contrarian investors on Wall Street are contemplating the next move to profit on setbacks from the current market euphoria.

Michael Hartnett, chief investment strategist at Bank of America, suggested the ultimate contrarian trade in June may involve long positions in Chinese equities monitored by the Hang Seng Index and short positions in artificial intelligence stocks.