2 Nasdaq 100 Stocks That Are Surefire Buys in August and 1 to Avoid
It's amazing what a difference a year can make on Wall Street. After tumbling into respective bear markets in 2022, the Dow Jones Industrial Average, S 500, and Nasdaq Composite have all rallied more than 20% off of their bear market lows. By one definition, this places all three indexes in a new bull market.
However, Wall Street's 180 has been particularly jaw-dropping for the growth-stock-driven Nasdaq 100 -- an index comprised of the 100 largest nonfinancial companies listed on the exchange. Through the first seven months of 2023, the Nasdaq 100 has firmly put the 2022 bear market in the rearview mirror and soared 44%.
Image source: Getty Images.
Source Fool.com
