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'Squawk Box' investor buys beaten-down tech stock

Source: Akamai

Paul Meeks, director of institutional investing at Saturna Capital, scooped up shares of a recently beaten-down technology name.

The notable investor bought shares of Akamai Technologies for his "Squawk Box" Platinum Portfolio, seeing the drop in the stock as a buying opportunity.

Here's why he believes the name could rebound...

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