The Globe and Mail reports in its Tuesday, Aug. 25, edition that Evercore ISI strategist Julian Emanuel suggests buying what he calls negative beta stocks to hedge against a potential sell-off in artificial intelligence stocks. The Globe's Scott Barlow writes that these are stocks that are inversely correlated to the tech-dominated market indexes but that have positive earnings revisions and high short interest. The assumption is that the shorts will have to cover if AI stocks fall, driving stock prices sharply higher. Mr. Barlow says the negative beta stocks most likely to interest Canadian investors include Costco Wholesale, Coca-Cola, CME Group, Chubb, Mondelez International, Keurig Dr Pepper, Halliburton, Dow, Bunge Global and Quest Diagnostics. Mr. Emanuel's report provides a road map for investors. He says follow the Russell 2000 this week for signs of a sustainably risk-off market environment. If things remain reasonably stable, watch for a sharp rally in AI stocks, and if they don't, follow the negative beta stocks for new investment opportunities.