Nasdaq Stock Market Correction: 2 Ultra-Cheap Stocks to Buy Right Now
The Nasdaq Composite (NASDAQINDEX: ^IXIC) is now 13% below its recent high, placing the tech-heavy index officially into correction territory. And while there are certainly good reasons why the market has been under pressure recently, such as recession fears and the potential effects of tariffs, situations like this also create buying opportunities for patient long-term investors to buy shares of great businesses.Two in particular that look attractive in the current Nasdaq correction are chipmaker Advanced Micro Devices (NASDAQ: AMD) and PayPal (NASDAQ: PYPL). While there's no guarantee that the market volatility will subside anytime soon, these are two excellent businesses that could be fantastic bargains right now.Advanced Micro Devices, which is better known by its initials, AMD, operates in the data center GPU space, a business that is dominated by Nvidia. However, it would be a big mistake to overlook this winning business.Continue reading
The Nasdaq Composite (NASDAQINDEX: ^IXIC) is now 13% below its recent high, placing the tech-heavy index officially into correction territory. And while there are certainly good reasons why the market has been under pressure recently, such as recession fears and the potential effects of tariffs, situations like this also create buying opportunities for patient long-term investors to buy shares of great businesses.
Two in particular that look attractive in the current Nasdaq correction are chipmaker Advanced Micro Devices (NASDAQ: AMD) and PayPal (NASDAQ: PYPL). While there's no guarantee that the market volatility will subside anytime soon, these are two excellent businesses that could be fantastic bargains right now.
Advanced Micro Devices, which is better known by its initials, AMD, operates in the data center GPU space, a business that is dominated by Nvidia. However, it would be a big mistake to overlook this winning business.
