Nasdaq Sell-Off: The 2 Smartest Stocks to Buy and Hold Forever
Tariffs and talk of a recession have been making major headlines this week, and the market is reacting with predictable volatility. The Nasdaq Composite (NASDAQINDEX: ^IXIC), which features a riskier, tech-loaded group of stocks, is in correction territory, 13% off its recent highs as of this writing.While some investors may be running for the hills, or at least to safer stocks, savvy investors recognize that this could be an excellent buying opportunity. But it's only worth buying top stocks that you can be confident will rebound and soar much higher. Amazon (NASDAQ: AMZN) and MercadoLibre (NASDAQ: MELI) fit the bill.Amazon has incredible potential in all its businesses, but the excitement today is in the generative artificial intelligence (AI) opportunity. Amazon's AI business already has a multi-billion-dollar run rate, and McKinsey estimates a long-term opportunity of $4.4 trillion.Continue reading
Tariffs and talk of a recession have been making major headlines this week, and the market is reacting with predictable volatility. The Nasdaq Composite (NASDAQINDEX: ^IXIC), which features a riskier, tech-loaded group of stocks, is in correction territory, 13% off its recent highs as of this writing.
While some investors may be running for the hills, or at least to safer stocks, savvy investors recognize that this could be an excellent buying opportunity. But it's only worth buying top stocks that you can be confident will rebound and soar much higher. Amazon (NASDAQ: AMZN) and MercadoLibre (NASDAQ: MELI) fit the bill.
Amazon has incredible potential in all its businesses, but the excitement today is in the generative artificial intelligence (AI) opportunity. Amazon's AI business already has a multi-billion-dollar run rate, and McKinsey estimates a long-term opportunity of $4.4 trillion.
