Bear Market Stocks Plunge Crash Invest Correction Getty
There’s no question that the resolve of investors has been tested numerous times since this decade began. Wall Street’s three major stock indexes have ping-ponged between bull and bear markets on a couple of occasions over the past four years, with the growth-focused Nasdaq Composite (NASDAQINDEX: ^IXIC) gyrating the most.
As of the closing bell on Dec. 20, the Nasdaq Composite had rallied 41% year to date and nearly 45% from its 2022 bear market closing low of 10,213.29 on Dec. 28, 2022. Nevertheless, the Nasdaq remains 8% below its record-closing high, which was set in November 2021.
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Short-term traders are likely to view the past 25 months as a lost period for growth stocks. But for patient investors who lean on time as an ally, dips in the Nasdaq Composite are nothing more than red-carpet opportunities to pounce on great companies at a discount.
What follows are four colossal growth stocks you’ll…
2023-12-23 05:06:00
Source from finance.yahoo.com