economy
Investor Stephanie Link swaps Chevron for technology stocks
Link also said she likes stocks that offer exposure to the power buildout, including Quanta Services, Vertiv and Eaton.
TL;DR
- Stephanie Link sold her Chevron shares for a 35% profit.
- She is reinvesting the proceeds into new technology stocks.
- The decision to sell Chevron was partly influenced by a significant drop in oil prices.
- Link also favors companies involved in the data center infrastructure, including Quanta Services, Vertiv, and Eaton.
- She mentioned Nvidia and Broadcom as accessible ways to invest in the technology side of energy.
- Link expressed a strong preference for 'pick-and-shovel' companies essential for building artificial intelligence.