NEW YORK ( TheStreet) -- Weighed down by uncertainty in Europe, fears about the fiscal cliff and weakness in the PC market, this has hardly been a stellar earnings season in Silicon Valley, although Amazon (AMZN - Get Report), Qualcomm (QCOM - Get Report) and EMC (EMC - Get Report) could offer bruised investors something to cheer about in 2013.
"It's not very bright for tech overall, because there's a strong anticipation of a continued downturn in Europe and a prolonged fear of a fiscal cliff," said Jeff Sica, founder and chief investment officer of Sica Wealth Management.
From online retail to smartphone components and storage, though, there are opportunities for investors. Set against this backdrop, Amazon, Qualcomm and EMC all well positioned for the coming year.
"Amazon is so far ahead of its
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