Buy AMZN, META, and Other Tech Stocks Now or Wait for a Bigger Dip?

Market Overview - The stock market is experiencing a selloff, influenced by tariff battles involving the U.S., Canada, Mexico, and China, with uncertainty surrounding the actions of the Trump administration [1][2] - The Nasdaq and S&P 500 have fallen below their 200-day moving averages for the first time since Q4 2023, indicating a potential shift in market sentiment [5] Performance Metrics - Nvidia has seen significant gains, up 380% over the last two years and 1,700% over the last five years, despite a recent drop [3] - The Nasdaq and S&P 500 have increased over 100% in the past five years, with the S&P 500 trading at 20.6X forward earnings compared to its 10-year median of 18.1X [7][8] Investor Sentiment - The CNN Fear & Greed Index has dropped from Neutral to Extreme Fear, indicating a shift in investor sentiment [8] - Benchmark earnings are projected to grow 13.3% in 2025 and 13.7% in 2026, suggesting a positive outlook despite current market conditions [9] Investment Opportunities - Invesco's QQQ ETF, which tracks the Nasdaq-100 Index, has fallen below its 200-day moving average and is down approximately 10% from its February highs, presenting a potential buying opportunity for long-term investors [10][11] - Meta's stock has decreased by 15% since February 14, trading at a 60% discount to its 10-year highs, with a strong user base and growth potential in AI [12][14] - Amazon's shares have dropped 17% since early February, trading at over 90% below its highs, with projected EPS growth of 14% in 2025 and 18% in 2026, indicating potential value [19][20][23]