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3 Small-Cap Stocks to Buy During the Downturn

TheMotleyFool

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3 Small-Cap Stocks to Buy During the Downturn

Almost exactly 13 years ago, the Dow Jones Industrial Average hit a market low on March 6, 2009, after which it reversed course and went on an amazing bull run. It rose more than 20% in just three weeks and has since gained over 420%, for a compounded growth rate of 13.8% a year.

While the S&P 500 did even better, returning over 550% in that time frame, the tech-stock-laden Nasdaq exchange was really the fuel for the fire. The Nasdaq Composite index, composed mostly of tech stocks, has returned almost 1,000% in those 13 years, meaning a $10,000 investment would have grown into more than $108,000 during that period.

Data by YCharts.