<div id="readability-page-1"><div><div>It’s been a roller coaster year for Wall Street as investors revise expectations during a period of rapidly changing policy announcements in the White House. While markets turned bearish in March and April as the Trump Administration threatened tariffs on several U.S. trade partners, the SPDR S&amp;P 500 ETF Trust SPY retraced some of its losses as the administration backed off some of its policy commitments and economic indicators look promising.Stephanie Link, chief investment officer and portfolio manager at Hightower Advisors, is optimistic about the market’s prospects if tariff concerns can be averted.“I think the biggest surprise is that the Atlanta Fed [GDPNow] is at 2.3% in the face of everything,” Link wrote on Thursday. “Consumer continues to spend — Walmart is proof of that. Labor market remains solid and inflation is coming down albeit slowly. EPS up 12% is impressive as well. Get through tariffs and we'll start to focus on more positive things — lower taxes and deregulation.”Link noted two contrarian plays she is bullish on as 2025 enters its second half. She called Boeing Co BA her “favorite stock for 2025” amid the company’s turnaround under new leadership. While the Arlington, Virginia-based company’s shares have fallen from all-time highs due to regulatory woes and safety concerns, its stock is up over 20% in 2025.Link also highlighted private equity giant KKR &amp; Co Inc KKR as a firm benefiting from several positive trends.“Added KKR this past week [with] the stock down 15% ytd and a play on growth, real assets, infrastructure and fee growth,” Link said.She noted Quanta Services Inc PWR, Eaton Corporation PLC ETN and Rockwell Automation Inc ROK as other infrastructure plays.Also Read:<ul> <li>Powell Signals Fed May Shift Inflation Strategy After 5 Years Of Economic Upheaval</li> </ul>Photo: Shutterstock</div></div></div>

Stephanie Link, chief investment officer at Hightower Advisors, expresses optimism for the market, citing a 2.3% GDP forecast from the Atlanta Fed and strong consumer spending. She identifies Boeing Co as her favorite stock for 2025, highlighting its recovery under new leadership, and notes KKR & Co as a contrarian play benefiting from growth trends. Link also mentions other infrastructure stocks like Quanta Services, Eaton Corporation, and Rockwell Automation as promising investments amid a shifting economic landscape.

- Wall Street has experienced significant volatility as investors adjust to changing policies from the White House, particularly regarding tariffs.  
- Stephanie Link, chief investment officer at Hightower Advisors, expresses optimism about the market, citing strong consumer spending and a solid labor market, while highlighting Boeing Co and KKR & Co Inc as promising investments.  
- Link believes that if tariff concerns are resolved, attention will shift to positive economic factors such as lower taxes and deregulation.

Benzinga

'My Favorite Stock For 2025,' Says Portfolio Manager, Who Also Notes Two Contrarian Plays During Growth Optimism