'We are moving into the bullish camp' -portfolio manager

STORY: Wall Street suffered its biggest weekly percentage decline in months as investors wrestled with the growing likelihood of a recession.

"At these current levels, I am more bullish," said Coons. "What we're looking at are a lot of the big tech names that have sold off and are at really great values right now."

Coons also recommended Chinese tech stocks, namely Alibaba and Tencent.

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