Reported about 11 hours ago
TimesSquare Capital Management's latest investor letter reveals that the firm trimmed its holdings in CrowdStrike Holdings (CRWD) after the stock's impressive 44% gain. Despite a solid year-over-year revenue growth of 21% and strong performance in the cybersecurity sector, TimesSquare believes other AI stocks may present better investment opportunities, highlighting a shift in strategic focus.
Source: YAHOO