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31.08.2024 10:15:00

History Says the Nasdaq Will Soar: 2 Growth Stocks to Buy Now, According to Wall Street

The Nasdaq Composite (NASDAQINDEX: ^IXIC) closed in correction territory on Aug. 2 for the first time since early 2022. The impetus behind the decline was a disappointing jobs report that hinted at a weakening economy. However, the growth-focused index has since rebounded 4%, and history says it could climb even higher in the coming months.The Nasdaq has suffered 11 corrections in the last 15 years, through which the index returned a median of 25% during the 12 months following its first close in correction territory. That implies 21% upside by August 2025. Of course, past performance is never a guarantee of future results, but Wall Street analysts are generally bullish on two Nasdaq stocks:Here's what investors should know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Nasdaq Inc 70,17 -0,13% Nasdaq Inc
NOW Inc When Issued 15,90 0,63% NOW Inc When Issued