Analyst Explains Why She Trimmed Her Meta Platforms (META) Stake – ‘It’s Prudent’

We recently published Top 10 Trending Stocks and ETFs as Analyst Predicts $9 Trillion Productivity Gains Due to AI. Meta Platforms Inc (NASDAQ:META) is one of the top trending stocks. Karen Firestone, the Co-founder and Chair Emerita of Aureus Asset Management, said in a recent program on CNBC that she trimmed Meta Platforms. Here is why: “Most of the reason that we trim them is because they were so large as positions in our portfolios. So these are stocks that we’ve been overweight for years and that ov ...