With tech earnings season now dead ahead, investors are tweaking their portfolios ahead of what could be a tumultuous period for the group, with the Street anticipating generally weak guidance for 2023 amid ongoing concerns about a potential recession. But it’s not going to be a complete wipeout. Evercore ISI analyst Amit Daryanani, for one, thinks investors should stock up on both Apple and International Business Machines shares ahead of their upcoming reports.
Daryanani on Monday added both Apple (ticker: AAPL) and IBM (IBM) to Evercore’s “Tactical Outperform List,” a roster of names expected to be strong near-term performers.
Source: finance.yahoo.com
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