2 Nasdaq 100 Stocks That Are Surefire Buys in July and 1 to Avoid
Wall Street can be highly unpredictable over the short-term -- just ask any growth-focused investor.
Since mid-2021, growth-seeking investors have watched the Nasdaq Composite and Nasdaq 100, an index comprised of the 100-largest nonfinancial stocks listed on the exchange, soar to record-closing highs, subsequently lose 33% of their value in 2022, then close out the first half of 2023 with respective gains of 32% (Nasdaq Composite) and 39% (Nasdaq 100).
Despite this scorching-hot start to the year, bargains can still be found within the Nasdaq 100. But at the same time, not all stocks within this innovation-driven index are worth buying. What follows are two Nasdaq 100 stocks investors can confidently buy in July, as well as one pricey Nasdaq 100 stock that can be avoided.
Source Fool.com