Stock Moves: Jim Lebenthal Trims Oracle, Stephanie Link Buys Vertiv

Portfolio Adjustments: Oracle and Vertiv

• 💡 Jim Lebenthal is trimming his position in Oracle, citing a 150% gain over two and a half years and the need for dry powder ahead of earnings season.
• 🎯 Lebenthal emphasizes the strategy of selling high to buy low, even though Oracle has been a significant winner.
• 🚀 Stephanie Link is buying more Vertiv, viewing its 25% drop from highs as an opportunity to average down.
• 🔑 Link believes Vertiv is the best-in-class company in a decade-long theme and sees its current weakness as a chance to buy on sale.

Market Psychology and Strategy

• 📈 Both Oracle and Vertiv have seen identical 87% gains from their April lows, highlighting a strong bull market.
• 🧠 Lebenthal compares Oracle's multiple expansion to that of Broadcom, questioning if he might be trimming too soon.
• 📊 Link's strategy involves finding quality companies that experience dips, provided the valuation and fundamentals remain strong or improve.

Other Stock Discussions

• ⚠️ Lebenthal recently sold MP Materials after it rose 200% in a year, selling at $33 after buying at $10.
• 💰 Stephanie Link is considering buying Delta but has not yet committed.
• 📺 Regarding Netflix, Josh Brown is not selling despite significant gains, noting an 8% pullback from all-time highs as a potential buying opportunity if it reaches a 15% drawdown.
• 📊 Brown would consider buying Netflix if it drops to a 15% drawdown from its high, especially if earnings expectations are missed.