AI threat overblown: Why Invesco’s Hiten Jain is doubling down on IT stocks

June 5, 2026

Invesco Mutual Fund’s Hiten Jain offers a contrarian view, identifying the tech rout as a significant buying opportunity and dismissing broad PSU rallies. He highlights smart money’s movement towards large-cap financials and IT services, anticipating earnings growth driven by credit expansion and AI adoption.

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