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undefined | Investor Stephanie Link swaps Chevron for technology stocks

Investor Stephanie Link, chief investment strategist at Hightower Advisors, announced on CNBC’s “Power Lunch” that she sold her position in Chevron after realizing a roughly 35 % gain. The trade came as oil prices slumped—West Texas Intermediate futures dropped more than 16 % to $94.41 a barrel—the biggest decline since April 2020, after an Iran‑U.S. cease‑fire agreement was reached. While Chevron fell 4.3 % and the broader energy sector lost over 3 %, Link said there was “nothing wrong with Chevron” and that she simply wanted to move the money elsewhere.

Link retained a sizeable holding in oilfield‑services firm SLB (formerly Schlumberger) but redirected the cash into technology stocks, although she did not name the specific names she added. She emphasized a handful of “data‑center‑revolution” plays, highlighting power‑infrastructure provider Quanta Services, which she described as being involved in every segment of the power‑grid and data‑center supply chain. She also pointed to Vertiv and Eaton as attractive power‑sector stocks, noting that Quanta’s shares have surged about 37 % so far this year.

When asked about broader tech opportunities, Link suggested Nvidia or Broadcom as straightforward bets and stressed the importance of “pocket‑and‑shovel” companies that build out artificial‑intelligence infrastructure. She noted that shares of Vertiv and Eaton are up roughly 74 % and 21 %, respectively, in 2026, underscoring her belief that these less‑publicized businesses could deliver strong, long‑term returns.

Oljebolagen ändrar taktik i domstolar och media

NY TAKTIK:: Oljebolagen erkänner nu klimatförändringarna – men inte att de bidrar till den. Retoriken går numera ut på att olja och gas alltid kommer att behövas.

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Hal Mar 30

“mike_hudema: #BigOil raked in record-breaking profits. The companies that caused the #ClimateCrisis are getting rich as they fuel the fire. @ #ExxonMobil: $55.7 billion @ #Shell: $39.87 billion @ #Chevron: $35.5 billion @ #BP_plc: $27.7 billion Time to make the pay for the damage they've caused.”

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Fred Nurk Mar 29

How do you enjoy wealth on a dead planet @[email protected] ? Since when does #Chevron pay taxes or obey laws @[email protected]?

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Blaze Trends Mar 29

Chevron's Wheatstone LNG plant in Western Australia will take weeks to restart following severe damage from Cyclone Narelle. The 8.9 million ton capacity facility is offline just as Asian buyers face massive supply shortages. #LNG #Energy #Australia #Chevron #Commodities
https://blazetrends.com/chevron-wheatstone-plant-crippled-by-cyclone-narelle-weeks-of-delays-hit-global-lng/?fsp_sid=206351

Chevron Wheatstone plant crippled by Cyclone Narelle: Weeks of delays hit global LNG

The Middle East energy collapse just found a second front. With the ongoing U.S.-Iran war neutralizing Qatar’s massive LNG facilities and choking off the

Blaze Trends

Jane Doe 🐸✊🏽❤️Mar 29

If anyone else would like to point out that this fossil fuel funded thinktank proposing that Australia keeps the following companies and taxes them is complete bullshit, appreciated. 💸 #Chevron 💸 #Woodside 💸 #Santos 💸 #OriginEnergy 💸 #Engie 💸 #HancockProspecting

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