Blue Whale Growth, managed by Stephen Yiu, has reduced exposure to major US tech companies like Microsoft due to concerns over their hefty investments in AI infrastructure. Yiu has aggressively sold shares in Microsoft, pushing it out of the top 10 holdings for the first time since 2017. Blue Whale has seen success, returning 24% this year, with a significant stake in Nvidia and concerns over the financial performances of other Magnificent Seven tech giants like Meta, Amazon, and Alphabet prompting Yiu to adjust the fund’s portfolio.
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The Smartest Growth Stock to Invest $5,000 in Right Now
Despite varying investor goals and risk tolerances, Netflix (NASDAQ: NFLX) stands out as a compelling growth stock, showcasing strong long-term prospects. The company reported a 15.9% year-over-year revenue increase to $11.1 billion and a 47% growth in earnings per share to $7.19, alongside an impressive 87% rise in free cash flow. Want More Context? 🔎
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