Investors have returned to tech stocks, with the tech-heavy Nasdaq leading all three major Wall Street indexes since the start of the year, rising more than 6%. But fund manager Trent Masters of Alphinity Investment Management isn’t convinced — and told CNBC Pro Talks last week that two Big Tech stocks might be worth avoiding for now. Master manages the Alphinity Global Equity Fund, which outperformed the MSCI World Index last year. He doesn’t have a Big Tech name right now, except for a “residual position” at Apple. Meta Master told CNBC Pro there are “genuine questions” about some companies’ business models – and Meta is the “most exposed” of the lot. With Meta’s stock plummeting, investors are beginning to wonder if they are “getting some value.” “But for me, there’s a constant concern that you have the underlying engagement that TikTok eats away at because of the crossover between TikTok, Facebook and Instagram,” Masters said. According to FactSet, 31% of analysts who cover the stock rate it “hold’. The meta is down 57% over the past year. Apple Masters said the latest iPhone release is “pretty hot” because “there’s not much in terms of product iterations.” Above that , the company faces an environment with consumers “quite a pinch” who are less willing to spend. Expectations for Apple should improve over the next year or two, “he said. In the longer term – 10 years – said Apple can meet the mid-single-digit growth of up to 10%. “That should be through constant innovation and pushing out new products,” he said. “But many of them are quite a way out before they begin to come to maturity. So, I understand, the focus of Apple in the next year or two is on pinch consumers, which will make it very difficult to get the results that the market wants,” he said. analysts are still optimistic on Apple, giving up 26%, with 73% of them giving the stock a buy rating Apple down about 20% in the past year.