Veteran Investor Touts Meta (META) and Oracle (ORCL) [Yahoo! Finance]
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Source: Yahoo! Finance
Meta's valuation is relatively low, "and it's still a big growth stock. At some point, it will be OK, although they don't ring a bell and tell us" when that will be, Weisberg said. And although tech names in general are currently struggling, "at some point they'll be OK because that is still at the end of the day where the growth is and that's where the earnings are," he said. As a result, he does not recommend that investors sell their tech stocks. Meta (META) Hires Former RealReal CEO to Expand AI Wearables Retail Strategy Weisberg Likes Large Pharmaceutical Names Despite the uncertainty caused by political developments in Washington, a number of sectors are performing well, said Weisberg. Among large pharmaceutical names, which have struggled for the last two years, Bristol Myers (BMY) recently reached new highs, and Pfizer (PFE), which has had its problems for a long time, is beginning to perk up, he reported. "We own the big pharmaceutical stocks," he said. Weisberg R
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