5 contrarian investments to make now to profit as stocks defy the bears and go on a surprise rebound rally, according to a Fidelity strategy director

• Stocks have given up much of their year-to-date gains after a furious rebound rally to start 2023.
• But Denise Chisholm, a top quantitative strategist at Fidelity, thinks plenty of pain is already priced in, priming stocks for further gains ahead.
• Here are five contrarian investments to make if stocks rally despite a recession.

US stocks are heading in the wrong direction after a surprisingly strong start to the year.