Investor Stephanie Link revealed three strategic investment opportunities during a recent appearance on “Halftime Report,” spotlighting a struggling regional banking stock that she believes holds significant potential. As the markets rebounded, buoyed by President Donald Trump’s optimistic remarks about constructive dialogues between the U.S. and Iran concerning ongoing regional conflicts, the Dow Jones Industrial Average surged dramatically, soaring over 1,100 points at its peak. This rally starkly contrasted with the sharp downturn experienced just the previous Friday.
Link, the chief investment strategist at Hightower Advisors, underscored Truist Financial as a standout choice for investors. Despite the financial sector suffering a more than 3% dip in March, Link sees promise in Truist, noting that she is increasing her stake in the company. “I think this company is really doing some great things from their new management team and the new strategy to grow profitability 15% this year, 16% next year,” she commented.
Currently trading at 0.9 times its book value, Link emphasized that historically, purchasing a bank when it is undervalued is a sound strategy. She also highlighted the forthcoming era of deregulation as a potential catalyst for the banking sector. “As a result, you’re going to see the banks at large really start to increase their buybacks and dividends,” she noted, projecting optimism for the industry.
Truist’s shares have seen a decline of over 8% in 2023, with the stock currently offering a dividend yield of 4.6%. In related news, The Wall Street Journal reported on Monday that two senators plan to introduce legislation aimed at prohibiting sports betting on prediction markets like Kalshi and Polymarket. Despite the potential implications of this legislation on casino stocks, Link reaffirmed her confidence in Las Vegas Sands. “About 60% of their business is Macau, 40% Singapore-they’re humming,” she stated, referring to the casino operator’s robust performance.
The stock of Las Vegas Sands, however, has dropped more than 16% in 2023. Furthermore, Link expressed her investment in the iShares MSCI Brazil ETF (EWZ), which has risen 16% this year. She pointed out that Brazil stands to gain from the escalating demand for power to support artificial intelligence (AI) data centers. Major companies within the ETF include Vale, a prominent nickel and copper mining firm. “It’s the seventh-largest country in the world, and most people think it’s a commodity country only, but they have been building up substantially in fintech,” she explained. “And guess what they have that everybody else wants? Power. So they will benefit from the whole AI data center, grid power themes that we’ve been talking about for years,” Link added, expressing her favorable outlook on Brazil’s fiscal and monetary strategies.
In a landscape characterized by fluctuating markets and transformative sectors, Link’s insights present a compelling case for investors looking to navigate the complexities of the current economic climate. Her focus on underappreciated assets, regulatory shifts, and emerging markets reinforces a forward-thinking investment strategy that aligns with contemporary financial landscapes.
Categories: Finance, Investing
Tags: Stephanie Link, Truist Financial, Las Vegas Sands, Brazil ETF, Market Trends
Original Source: https://www.cnbc.com/2026/03/23/what-investor-stephanie-link-is-buying-as-stocks-rip-higher-to-start-the-week.html
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Publish Date: 2026-03-24 00:03:00
