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Nasdaq Correction: 3 Unstoppable Growth Stocks to Buy on the Dip
The Motley Foolยท2025-03-26 08:45

Group 1: Market Overview - The Nasdaq Composite is down 9.1% this year and is currently trading in correction territory [1] - Despite some stocks bouncing back, there are intriguing buying opportunities available for strong future returns [1] Group 2: Alphabet (GOOGL) - Alphabet's stock is down 10.2% since the start of the year, affected by concerns around tariffs and economic conditions [3][4] - The company plans to acquire cybersecurity firm Wiz for $32 billion, which could expand its offerings and create new growth opportunities [4] - Alphabet's stock is trading at 21 times its trailing earnings, which is considered relatively cheap, and a potential breakup could unlock more value for its business segments [5][6] Group 3: Advanced Micro Devices (AMD) - AMD's stock is down 5.5% this year and over 36% in the past 12 months, despite growth in the AI sector [7][8] - The AI chip market is projected to grow from $71 billion in 2024 to over $323 billion by 2030, indicating significant demand for AI chips [8] - AMD's sales grew by 24% year over year in the last three months of the previous year, reaching $7.7 billion, suggesting potential for future growth [9] Group 4: Apple (AAPL) - Apple's stock is down 10.7% this year, with concerns over its slow rollout of AI capabilities for its products [10][13] - The company reported over $96 billion in profit over the trailing 12 months, indicating strong financial health despite current challenges [12] - While the slow introduction of AI features may be disappointing, it is unlikely to have a devastating long-term effect on the business due to its loyal customer base [11][12]