Stephanie Link, chief investment strategist at Hightower Advisors, announced on CNBC's 'Halftime Report' that she sold her Nvidia shares after CEO Jensen Huang's resignation, which was linked to personal scandals, including allegations of extramarital affairs and potential espionage.
Despite Nvidia's strong fundamentals and an anticipated $300 billion in free cash flow next year, Link expressed concerns that the stock would be negatively impacted by the ongoing leadership turmoil and investigations.
In contrast, she has shifted her investment to Micron Technology, which she described as having 'clean fundamentals' and a 'cheap stock,' resulting in a 14% increase in its value over the same period Nvidia's stock has dropped 12%. Link indicated that she might consider repurchasing Nvidia shares if the company secures a strong new leader and resolves its current issues