Nasdaq Correction: 2 Top Stocks to Buy and Hold Forever
The Nasdaq Composite (NASDAQINDEX: ^IXIC) is officially in a correction, with the tech-heavy Nasdaq-100 index down about 12% from its recent high. And while there are some stocks that still look rather pricey, even after the downturn, there are some excellent bargains to be found for patient long-term investors.With that in mind, here are two "forever stocks" I own in my portfolio, both of which look attractive after dropping by 15% or more from their 2025 peaks.Starbucks (NASDAQ: SBUX) stock soared in mid-2024 when Brian Niccol was hired as CEO, and it rallied again after an excellent earnings report in January. But with the stock down by about 15% from its recent high, now could be a second chance to get in.Continue reading
The Nasdaq Composite (NASDAQINDEX: ^IXIC) is officially in a correction, with the tech-heavy Nasdaq-100 index down about 12% from its recent high. And while there are some stocks that still look rather pricey, even after the downturn, there are some excellent bargains to be found for patient long-term investors.
With that in mind, here are two "forever stocks" I own in my portfolio, both of which look attractive after dropping by 15% or more from their 2025 peaks.
Starbucks (NASDAQ: SBUX) stock soared in mid-2024 when Brian Niccol was hired as CEO, and it rallied again after an excellent earnings report in January. But with the stock down by about 15% from its recent high, now could be a second chance to get in.
