2 Nasdaq Stocks to Buy Before They Soar as Much as 141%, According to Select Wall Street Analysts

The Nasdaq Composite is a comprehensive tech-centric index that tracks the performance of more than 3,000 stocks listed on the exchange. In July, the index climbed to (another) all-time high, marking the 27th so far this year.After a run of that magnitude, the Nasdaq is taking a well-earned rest, down roughly 8% from its peak (as of this writing). This has some investors concerned the rally is on its last legs, but many on Wall Street believe it has room to run.UBS analyst Mark Haefele remains bullish. "All-time highs often generate investor concern that markets have peaked. Such worries are not supported by history," he wrote in a note to clients. XM Investment analyst Marios Hadjikyriacos agrees. "Stock markets are enjoying the best of all worlds, buoyed by a resilient U.S. economy and speculation that Fed rate cuts are just around the corner, helping to justify stretched valuations," he wrote.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool