When one veteran portfolio manager will feel good about buying battered tech stocks

When one veteran portfolio manager will feel good about buying battered tech stocks

Jaw-dropping layoff announcements from giant tech names Amazon (AMZN) and Salesforce (CRM) to kick off 2023 may not make their battered stocks great buys just yet.

“I think we go through this round of quarterly earnings reports and hopefully companies guide very ugly because it’s in their benefit to do so for next year,” veteran tech watcher Paul Meeks explained on Yahoo Finance Live (video above). “So they announce their blood-letting, whether it being operational costs including trimming…


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