17-4 has been used often for stems, they have also failed often. I wouldn't recommend welding 17-4 either. Depending on other factors, a CRA would probably be a better choice if high strength, NACE compliance, and localized corrosion resistance is needed. 17-4 has pitting/crevice corrosion resistance on par with 316. Also NACE is about to put further restrictions on the use of 17-4, and many oil companies just plain dislike the material.
As for using 4130 for any part of a valve, I wouldn't recommend that either. Any sealing surface that isn't overlaid will have a short life. Also, although 4130 has no defined "limit" at which cracking becomes a concern (provided all NACE hardness, etc. requirements are met), general corrosion would become a concern in plenty of situations.