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Lean and Mean: 7 Tech Stocks to Buy Amid Sector Downsizing | InvestorPlace

Retrieved on: 2024-02-07 17:25:01

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Lean and Mean: 7 Tech Stocks to Buy Amid Sector Downsizing | InvestorPlace. View article details on HISWAI: https://investorplace.com/2024/02/lean-and-mean-7-tech-stocks-to-buy-amid-sector-downsizing/

Summary

The article discusses the potential investment opportunities in tech stocks during a period of industry layoffs, highlighting companies like SAP, PayPal, and Block (formerly Square), which are involved in fintech and are publicly traded on NASDAQ or part of the NASDAQ-100, S&P 100, or Big Tech. The focus is on how downsizing can lead to efficiencies and growth, particularly in companies innovating with AI, such as PayPal and Microsoft. Despite the human cost, the article suggests layoffs may provide a pathway to long-term success for investors in these companies.

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