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Benzinga
181 days

Meta Remains Tiger Global's Top Holding as Fund Makes Aggressive Tech Bets

1. Tiger Global increased bet on tech stocks, including Meta. 2. Meta remains 16.52% of Tiger's portfolio, indicating strong confidence. 3. Tiger Global exited several healthcare stocks amid regulatory concerns. 4. Focus shifts from legacy finance to tech and digital trends.

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FAQ

Why Bullish?

Tiger Global's confidence in Meta suggests strong potential growth, similar to previous tech surges.

How important is it?

Tiger’s investment strategies often influence market directions, particularly in tech stocks.

Why Long Term?

Meta's sustained position in a top hedge fund implies long-term growth, akin to past tech booms.

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