3 Nasdaq Stocks Down 20% or More That You'll Regret Not Buying on the Dip

Group 1: Nasdaq Composite Index Overview - The Nasdaq Composite Index is currently approximately 13% below its previous high, indicating it is in correction territory [1] - Despite the decline, many Nasdaq stocks still possess strong growth prospects, with a focus on three specific stocks that have dropped 20% or more [1] Group 2: Alphabet Inc. - Alphabet's shares have decreased by 23% from their all-time high, raising concerns about existential threats from generative AI and regulatory pressures [2] - The company remains a significant player in the AI market, having launched AI Overviews that enhance user satisfaction and search engine usage across over 100 countries [3] - Google Cloud, while in third place in the cloud services market, is growing faster than its competitors, driven by the success of Google Gemini, its large language model [4] - Alphabet's Waymo self-driving car unit is a key growth driver, with potential valuation estimates reaching $850 billion by 2030 [5] Group 3: Amazon.com Inc. - Amazon's stock has fallen around 21% from its peak in early February 2025, but historically, buying on pullbacks has proven profitable [6] - Amazon Web Services (AWS) remains the leader in the cloud services market, with a year-over-year sales increase of 19% in Q4 2024, despite increased competition [7] - The e-commerce segment, particularly Amazon Prime, continues to attract customers, and the company is exploring new markets such as healthcare and self-driving cars for future growth [8] Group 4: The Trade Desk Inc. - The Trade Desk's stock has dropped over 60% from its late 2024 high due to a disappointing Q4 update and overall market sell-off [9] - Despite missing revenue expectations, The Trade Desk achieved a revenue growth of 22%, with the CEO attributing the miss to execution missteps rather than market opportunity or competition [10][11] - The CEO remains optimistic about the company's future, suggesting that the current sell-off is overdone and that better days are ahead [11]