The Smartest Stocks to Buy With $1,000 in the Nasdaq Correction

Core Viewpoint - The recent market correction presents an opportunity for long-term investors to buy shares of top companies like Amazon and Alphabet at lower prices [1] Group 1: Amazon - Amazon's stock is down by 11% this year, influenced by concerns over trade wars affecting financial results [3] - The company has diversified revenue streams, including e-commerce, advertising, and cloud computing, with advertising reaching an annual run rate of $69 billion and AWS at$115 billion [4] - Amazon's net sales last year were $638 billion, reflecting an 11$72.5 billion [9] - Alphabet's total revenue was $96.5 billion, up almost 12$110 billion for these segments [10] - Alphabet's growth trajectory is expected to remain strong as long as it manages regulatory challenges effectively [11] - The initiation of a quarterly dividend adds to the attractiveness of Alphabet's stock for investors [12]