Top tech investor Paul Meeks says he'll likely buy the dip in stocks, as he doesn't expect a significant and long-lasting downturn, he told CNBC. Wall Street had a losing week last week. The tech-heavy Nasdaq Composite and S & P 500 slid about 2.9% and 2.3%, respectively, marking their worst weeks since March. The Dow finished the week about 1.1% lower.
Meeks added that he would also consider one small-cap tech stock that's "too cheap:" Harmonic , a video-streaming tech company. Apple and Amazon Meeks shared his thoughts on tech titans Apple and Amazon , which reported earnings last week. He's not bullish on Apple, saying that "there's really no growth story here." "It'll be important that the company convinces investors that growth will reaccelerate.
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