My Top 5 Bargain AI Stocks to Buy in the Nasdaq Correction
The Nasdaq, an index that led overall stock market gains over the past two years, has done just the opposite over the past few weeks. The tech-heavy benchmark fell into correction territory, dropping more than 10% from its most recent peak on Dec. 16. The reason for this major turnaround? With concern mounting about the impact of President Trump's tariffs on the economy and corporate earnings, some investors have shifted out of growth stocks -- including artificial intelligence (AI) players. Growth companies generally are most sensitive to the economic backdrop, making them the first to suffer when uncertainty is high.But even though it might feel intimidating to invest in growth companies during tough or uncertain times, it actually has proven to be a fantastic strategy for long term investors. That's because, over time, the Nasdaq always has gone on to recover and grow -- after every downturn or crash. So if you buy a fund that tracks the index or a handful of quality stocks now, you may set yourself up for a significant win over the long haul.The reason to buy at this point is, following recent declines, many AI stocks are trading for bargain prices -- and the AI growth story is far from over. Let's check out my top five to buy in the Nasdaq correction.Continue reading
The Nasdaq, an index that led overall stock market gains over the past two years, has done just the opposite over the past few weeks. The tech-heavy benchmark fell into correction territory, dropping more than 10% from its most recent peak on Dec. 16. The reason for this major turnaround? With concern mounting about the impact of President Trump's tariffs on the economy and corporate earnings, some investors have shifted out of growth stocks -- including artificial intelligence (AI) players. Growth companies generally are most sensitive to the economic backdrop, making them the first to suffer when uncertainty is high.
But even though it might feel intimidating to invest in growth companies during tough or uncertain times, it actually has proven to be a fantastic strategy for long term investors. That's because, over time, the Nasdaq always has gone on to recover and grow -- after every downturn or crash. So if you buy a fund that tracks the index or a handful of quality stocks now, you may set yourself up for a significant win over the long haul.
The reason to buy at this point is, following recent declines, many AI stocks are trading for bargain prices -- and the AI growth story is far from over. Let's check out my top five to buy in the Nasdaq correction.
