Portfolio Strategy and Stock Picks by Stephanie Link
Stephanie Link: Disparate sector performance highlights catch-up rally in broader averages
Broader market indices saw sharp declines this week, with SPX down 2.7% and CCMP falling 3.4%. In contrast, sectors including XLC rose 5.4%, XLY increased 3.3%, and healthcare, real estate, ...
ETN organic sales rise 19% with global orders up 39%, Stephanie Link notes
ETN, a major industrial company, reported organic sales growth of 19%, with the Electrical Global segment up 27% and Electrical Americas core sales increasing 22%. Backlog reached $16 billion, ...
Stephanie Link: EL reports higher sales and margins as Beauty Reimagined strategy gains traction
EL reported a 6 percent increase in organic sales and a 480 basis point year-over-year improvement in operating margins, reaching 12.1 percent. Gross margins also rose by 245 basis points over the ...
S&P 500 fell 0.93 percent as 9 of 11 sectors gained, Stephanie Link notes
The S&P 500 index slipped by 93 basis points in October, even as 9 out of 11 sectors rose, 327 of 500 stocks increased by 2 percent or more, and the percentage of companies trading above their ...
Stephanie Link: AWS records sixth consecutive quarter of accelerating growth at 39 percent
Amazon reported AWS growth of 39 percent, marking its sixth consecutive quarter of accelerating performance and the best result since the fourth quarter of 2021. Stephanie Link, Managing ...
PWR backlog rises 19 percent quarter over quarter, Stephanie Link notes
PWR reported another beat and raise, with transmission and distribution revenue up 57 percent year over year, backlog up 19 percent quarter over quarter, and free cash flow rising 115 percent. ...
Stephanie Link: VRT EPS rises 78% and revenue up 61% with strong margins
VRT reported a 78% increase in EPS and 61% growth in revenue, along with solid margins and a 67% rise in free cash flow. Stephanie Link, Managing Director and Portfolio Manager at Hightower ...
Merger to form natural gas leader with $325 million synergies, Stephanie Link notes
EQT and RRC have announced a merger that will create a leading natural gas company in the U.S., with more than 9 billion cubic feet equivalent of daily net production, over 30 years of inventory ...
Stephanie Link: 10-year yield drops 41 basis points in eventful week for markets
The 10-year yield fell by 41 basis points this week, while market performance diverged with SPX down 5 basis points and SPW up 195 basis points. Stephanie Link, managing director and portfolio ...
Ten-year bond yields fall sharply as equities adjust, Stephanie Link notes
The yield on the ten-year bond fell from 5.36% to 4.95% over the course of a week. Stephanie Link, managing director and portfolio manager at Hightower Advisors, described this move as incredible ...
Stephanie Link: IBM reports solid 2Q results with $3B in free cash flow
IBM reported a strong rebound in its second quarter, with total revenue growth of 5% quarter-over-quarter and earnings per share rising 11%. Free cash flow reached $3 billion compared to $2.5 ...
SPCX delivers stronger margins and earnings for quarter, Stephanie Link notes
SPCX reported quarterly results that exceeded expectations across all measured segments, including total revenue, EBITDA, operating income, and earnings per share. Stephanie Link, Managing ...
Stephanie Link: Jamie Dimon describes U.S. economy as booming but highlights war and inflation risks
Jamie Dimon has described the U.S. economy as booming while also noting that war and inflation pose ongoing risks, according to commentary referenced by Stephanie Link, managing director and ...
TFC sees management changes and strong ROTCE, Stephanie Link notes
Management changes at TFC, an additional asset sale, and a return on tangible common equity (ROTCE) of 16-18% are notable recent developments at the company. Stephanie Link, Managing Director / ...
Stephanie Link: XLK drops 7% as energy and staples gain, financials recover and 30% of SPX report next week
XLK fell 7% this week, while energy rose 4.3%, staples increased 4.8%, and healthcare gained 3.6%. Financials also recovered following positive EPS results excluding capital markets and M&A. Next ...
Money market inflows reach $166 billion in a week, Stephanie Link notes
Stephanie Link, managing director and portfolio manager at Hightower Advisors, highlights a surge in money market inflows, which reached $166 billion last week—the highest since April 2020. She ...
Stephanie Link: Yaskawa Electric orders surge amid strong industrial automation demand
Stephanie Link, managing director and portfolio manager at Hightower Advisors, shares that Yaskawa Electric reported strong earnings with orders rising 29% quarter over quarter. She highlights ...
SpaceX lands 800 MHz spectrum for Starlink Mobile, Stephanie Link notes
Stephanie Link, managing director / portfolio manager at Hightower Advisors, highlights that SpaceX has secured access to the 800 MHz spectrum, advancing Starlink Mobile's ambitions to enter the ...
Stephanie Link: New nuclear capacity to drive power for AI and data centers
Stephanie Link, managing director and portfolio manager at Hightower Advisors, highlights an announcement from Alphabet and Constellation Energy to bring 890 MW of new nuclear capacity onto the ...
Economic data and dovish Fed support positive outlook, Stephanie Link notes
Stephanie Link, managing director and portfolio manager at Hightower Advisors, highlights encouraging economic data this week, including PMIs and metrics like Core PCE and Average Hourly Earnings, ...
Stephanie Link: Micron Technology revenue and EPS jump as all end markets rise
Stephanie Link, managing director and portfolio manager at Hightower Advisors, highlights Micron Technology's performance with revenue up 379% year over year, EPS increasing by 1002%, gross margin ...
