Nasdaq Sell-Off: 2 Tech Stocks Down 58% to 86% to Buy Right Now
The 4% drop in the Nasdaq Composite Index (NASDAQINDEX: ^IXIC) on March 10 served as a wake-up call to investors. While that was not a record drop by any measure, it was the worst one-day decline since the fall of 2022, meaning many newer investors had never experienced a comparable decline.Admittedly, such feelings could have investors running for the exits. Nonetheless, such bargains also mean stocks are on sale. The market has recovered from every previous downturn in history, and with a bit of patience, could experience a comeback in these two stocks.One of the more confusing things in the market is the price action around Advanced Micro Devices (NASDAQ: AMD). In recent years, AMD evolved into a diversified semiconductor company that designs chips for data centers, PCs, embedded products, and gaming systems.Continue reading
The 4% drop in the Nasdaq Composite Index (NASDAQINDEX: ^IXIC) on March 10 served as a wake-up call to investors. While that was not a record drop by any measure, it was the worst one-day decline since the fall of 2022, meaning many newer investors had never experienced a comparable decline.
Admittedly, such feelings could have investors running for the exits. Nonetheless, such bargains also mean stocks are on sale. The market has recovered from every previous downturn in history, and with a bit of patience, could experience a comeback in these two stocks.
One of the more confusing things in the market is the price action around Advanced Micro Devices (NASDAQ: AMD). In recent years, AMD evolved into a diversified semiconductor company that designs chips for data centers, PCs, embedded products, and gaming systems.
