2 of the Best Nasdaq Stocks to Buy for July
Did you know that over the past 10 years, the Nasdaq has been a much better place to invest in than the S&P 500? With over 300% gains, it's dwarfed the broader index, which has increased by less than 200% during the same time frame. And that's with factoring in this year's downturn in the markets.
The Nasdaq is home to some of the best growth stocks in the world. And a drop in valuations could create a fantastic buying opportunity for investors willing to buy and hold. A couple of the best stocks you can buy on the Nasdaq today are Align Technology (NASDAQ: ALGN) and Netflix (NASDAQ: NFLX).
Align Technology, the company behind the popular Invisalign clear aligners for teeth, has been experiencing tremendous growth over the years. While there have been some recent fluctuations due to the pandemic, over the past five years, the company has averaged a growth rate of more than 33%:
Source Fool.com
