3 Nasdaq 100 Stocks to Buy Hand Over Fist in August
For the past 12 years, growth stocks have ruled the roost on Wall Street. This isn't a huge surprise given that historically low lending rates and abundant access to capital have allowed fast-paced companies to borrow in order to hire, acquire, and innovate.
The striking outperformance of growth stocks has been readily on display via the Nasdaq 100 -- an index comprised of the 100 largest nonfinancial companies listed on the Nasdaq exchange. Since the trough of the Great Recession on March 9, 2009, the benchmark S&P 500 has gained 556%, whereas the Nasdaq 100 has galloped higher by 1,350%!
Yet, in spite of the Nasdaq 100's clear outperformance over the S&P 500, investors can still find value within the index. The following trio of Nasdaq 100 stocks can be confidently bought hand over fist by investors in August.
Source Fool.com
