2 Nasdaq 100 Stocks to Buy Hand Over Fist and 1 to Avoid Like the Plague
What a difference a year makes. Last year, growth stocks were the primary reason the major U.S. stock indexes pushed to all-time highs. In 2022, these same growth stocks are what have dragged all the major stock indexes into bear market territory. That includes the Nasdaq 100 -- an index comprised of the 100 largest nonfinancial stocks listed on the Nasdaq exchange.
But in these instances of pain for investors, there's often opportunity -- and this time will prove no different. Among the Nasdaq 100 companies are two historically cheap stocks that patient investors can confidently buy hand over fist. But seeing as how not every company can be a winner, there's also a Nasdaq 100 stock that you would be better off avoiding like the plague.
Image source: Getty Images.
Source Fool.com