Nasdaq Bear Market: 5 Extraordinary Growth Stocks You’ll Regret Not Buying on the Dip – The Motley Fool
These fast-paced, phenomenal companies are begging to be bought after a 31% peak decline in the Nasdaq.
Regardless of whether you’re a stock market “newbie” or you’ve been putting your money to work side-by-side with Wall Street professionals for decades, it’s been a challenging year.
Since hitting their all-time closing highs in early January, the iconic Dow Jones Industrial Average and benchmark S&P 500 respectively lost as much as 15% and 20% of their value. Meanwhile, the growth stock-driven Nasdaq Composite (^IXIC -2.47%) has fared even worse. At its peak-to-trough decline since hitting a record intra-day high in November, the Nasdaq shed 31% of its value. This firmly places the tech-oriented index in a bear market.
On one hand, bear markets can be scary due to the unpredictability and velocity of downside moves. Then again, history has shown time and again that all notable drops in the major indexes are eventually erased by a bull market rally. In other words, bear market…
Read Full Story: https://www.fool.com/investing/2022/06/04/nasdaq-bear-market-5-growth-stocks-regret-not-buy/
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