Watch Hightower's Stephanie Link, Neuberger Berman's Dan Flax break down shares of Meta

Dan Flax, senior research analyst at Neuberger Berman, and Stephanie Link, Hightower Advisors chief investment strategist, join CNBC's 'Squawk Box' to break down shares of Facebook's parent company Meta. Link explains why Meta's sell-off is overdone, although the stock likely won't garner returns for investors until the back half of the year. "You just have to wait," Link tells CNBC. "That's the whole problem with all of FAANG by the way."