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Shares of the pipeline company rose by nearly 8% in January.
NVIDIA, NXP Semi and Applied Materials could all continue their big runs this year.
Energy infrastructure is a 'big theme' that Hightower is focused on with the incoming Trump administration, said David Bahnsen, CIO of HighTower Advisors' The Bahnsen Group.
M&A dollar volume is down as dealmakers worry about political uncertainties at home and abroad.