Market Overview - The Nasdaq Composite has experienced a nearly 13% decline over 13 trading sessions, presenting a buying opportunity for investors [1][2] - The S&P 500 faced its ninth-largest single-session drop, with the Nasdaq losing 728 points on March 10, marking its third-biggest daily point decline since its inception [2] The Trade Desk - The Trade Desk's stock has fallen 57% since reaching an all-time high in Q4, driven by disappointing fourth-quarter results and guidance [4][5] - The company reported 22% sales growth in Q4 but fell short of revenue expectations by approximately $17 million [5] - Concerns about a potential 2.4% contraction in U.S. GDP could negatively impact advertising spending, which is crucial for The Trade Desk [6] - Despite these challenges, The Trade Desk's positioning as a demand-side digital ad platform remains strong, particularly with the adoption of its Unified ID 2.0 technology [7][8] - The company's valuation has become attractive, with a forward P/E ratio now below 28, making it a bargain given its sustained sales growth rate of around 20% [10] Alphabet - Alphabet, the parent company of Google, YouTube, and Google Cloud, is seen as a strong value amidst the Nasdaq decline [11] - Approximately 75% of Alphabet's $96.5 billion in Q4 sales came from advertising, making it vulnerable to economic downturns [12] - Regulatory concerns regarding potential breakups of Alphabet could impact its operations, but long-term growth projections remain intact [13][14] - Google Cloud has captured an 11% share of the global cloud-service market, positioning it as a key cash-flow driver moving forward [15] - The recent dip has lowered Alphabet's forward P/E ratio to 16, representing a 28% discount compared to its average over the past five years [16] Intuitive Surgical - Intuitive Surgical's stock has declined nearly 21% since the Nasdaq correction began, primarily due to high valuation concerns [17][18] - The company faces potential margin pressures from tariffs on imports from Mexico, where a significant portion of its instruments are manufactured [19] - Despite these short-term challenges, Intuitive Surgical maintains a dominant market position in robotic-assisted surgical systems, with a loyal customer base [20] - The revenue mix is shifting towards higher-margin channels, such as instruments and system servicing, enhancing profitability [21] - Intuitive Surgical has significant growth potential in thoracic and soft tissue surgeries, supported by a sustainable annual growth rate of 15% [22]
3 Unparalleled Growth Stocks You'll Regret Not Buying During the Nasdaq Stock Correction