The Nasdaq Just Hit Correction Territory: This Magnificent Stock Is a Bargain Buy
You can count on three things in life: death, taxes, and the stock market eventually experiencing a down period. Unfortunately, the latter is exactly what has happened with the Nasdaq Composite, as the index has fallen into correction territory.A stock market correction is when a major stock market index drops between 10% and 20% from recent highs, and the Nasdaq Composite checked that box, down over 13% from its Dec. 16 record high when the market closed March 10.Continue reading
You can count on three things in life: death, taxes, and the stock market eventually experiencing a down period. Unfortunately, the latter is exactly what has happened with the Nasdaq Composite, as the index has fallen into correction territory.
A stock market correction is when a major stock market index drops between 10% and 20% from recent highs, and the Nasdaq Composite checked that box, down over 13% from its Dec. 16 record high when the market closed March 10.
