Gold Sachs has identified a new trend in Wall Street where asset-heavy stocks are outperforming asset-light stocks as a hedge against artificial intelligence risks. The HALO trade, dubbed "Heavy Assets, Low Obsolescence," aims to protect companies from potential AI disruption. This comes as sectors such as software have sold off as investors see them as vulnerable. Goldman Sachs has named several new asset-intensive stocks in its portfolio, including GE Aerospace and Disney. The firm's chief U.S. equity strategist, Ben Snider, stated that asset-oriented businesses have outperformed more than historical macro relationships suggest.