Stephanie Link, Co-Portfolio Manager of Action Alerts Plus, and Jill Malandrino review recent positions initiated for Action Alerts Plus and Options Profits. Link bought back into shares of Chevron Wednesday morning, increasing the portfolios exposure to the energy space. She used the 9% pullback from recent highs in early January as an opportunity to get long at attractive levels. Chevron’s strong asset base, robust balance sheet, impressive shareholder returns and exposure to rising commodity prices makes this stock a solid, longer-term position.
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