Contrarian investing metrics show the VIX near multi-month lows at 13, often preceding volatility spikes. Active hedgers are deploying out-of-the-money calls in defensive ETFs to anticipate reversion trends. Contrarian Plays: 3 Stocks Going Against the Grain That Could Deliver Huge Gains was originally published by The Motley Fool Growth versus value is the ultimate argument among stock investors . Over long time periods, they duke it out for market dominance. Do you favor one or the other? Or do you acknowledge it’s not an either/or proposition, and that there’s room for both in a diversified portfolio ? The semiconductor index rose 8% over two weeks, yet contrarian investing algorithms flag stretched momentum indicators. Past cycles in 2018 and 2021 suggest drawdowns of 5–7% within 10 sessions post-surge, making inverse exposure a calculated short-term hedge.