Gerber Kawasaki Cuts High-PE Holdings $TKO and $AXON While Retaining Low-PE Winners $NVDA and $MU
Investment firm Gerber Kawasaki is trimming high-price-to-earnings (high-PE) stocks from its portfolio, cutting positions in $TKO and $AXON amid shifting market valuations. At the same time, the firm is choosing to maintain its holdings in low-PE winners like Nvidia ($NVDA) and Micron Technology ($MU).