Stephanie Link, chief investment strategist at Hightower Advisors, announced on Thursday that she has sold her Nvidia holdings after CEO Jensen Huang resigned amid an extramarital affair and related investigations. She expects a strong quarterly performance with roughly $300 billion in free cash flow next year, but cautions that the stock will not react to fundamentals for some time because of leadership uncertainty. Link highlighted Micron Technology as a clean‑fundamental, attractively valued opportunity, contrasting it with Nvidia’s current problems. While she is temporarily exiting Nvidia, she added that she would consider repurchasing the shares if a suitable leader emerges and the firm overcomes its challenges.
