Baird Strategist Warns Against Buying the Tech Dip

In a MarketWatch column, Baird tech strategist Ted Mortonson warned retail investors against buying the tech dip. Baird says he joined in March 2020 with over 30 years in technology. A 10% fall needs an 11.1% gain just to break even. The column's valuation (price relative to profit) and earnings (profit) assumptions are the part to test.