From Nasdaq: 2025-06-16 06:45:00

Terry Smith, known as “The English Warren Buffett,” built his hedge fund Fundsmith with a simple strategy: invest in good companies, don’t overpay, and do nothing. Despite this philosophy, Smith sold off portions of Meta Platforms and Microsoft in the first quarter of 2025, reallocating capital to new opportunities.

Smith’s decision to take profits on Meta and Microsoft, Fundsmith’s two largest holdings, indicates he sees better growth opportunities elsewhere. While Meta reached a new all-time high in the first quarter, Microsoft faced challenges with AI spending, leading Smith to reduce exposure. Both companies, however, remain attractive with strong free cash flow and growth potential supported by AI.

In early 2025, Smith reinvested capital from selling Meta and Microsoft into Intuit, a stock that’s been outperforming the market. Intuit’s recent earnings report showed strong growth in TurboTax Live and Credit Karma, with plans for AI agents to improve user experiences. Despite a premium valuation, the company’s strong revenue growth and expanding margins make it a compelling buy.

Investors looking for growth opportunities may consider investing in Intuit, a stock that’s been performing well in 2025. With a focus on consumer services like TurboTax Live and Credit Karma, as well as enterprise software like QuickBooks and Mailchimp, Intuit’s innovative approaches to AI and user experience bode well for future success.



Read more at Nasdaq: Billionaire Terry Smith, “the English Warren Buffett,” Is Selling Meta Platforms and Microsoft and Buying This Stock That’s Trouncing the Market in 2025