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Start Betting Against Tech Stocks And Betting On A Recovery in Regional Bank Stocks

Instead of tech stocks, consider regional bank stocks for a contrarian trade.

The big picture idea? Regional banks have suffered due to negative sentiment while tech has been the beneficiary of all the stock market optimism. This extreme dynamic will eventually correct, and regional bank stocks will return to their long-term average prices. The question of course is when. I think this will happen sooner than later. Why?

This post appeared first on InvestorPlace.