Nasdaq Sell-Off: 1 Unstoppable Stock Down 39% to Buy on the Dip, According to Wall Street
The Nasdaq Composite index is down 6.5% from its all-time high, but history suggests it's a buying opportunity.The Nasdaq Composite (^IXIC 0.21%) represents almost every stock on the Nasdaq exchange. It had a dream run in the first half of 2024, gaining 20% with almost no volatility.That changed in July, and the index is currently down 6.5% from its peak as investors digest weak economic data and a currency shock in Japan.History shows the U.S. stock market climbs to new highs over the long term, so this di ...