3 Stocks I'm Buying During a Tech Stock Correction
It can be mentally and emotionally taxing to invest while stocks are falling. During a downturn, many investors simply decide to pack it up and stop investing. However, investing during a correction -- when stocks have been beaten down immensely and are now trading at discounts -- can be the time you find your best long-term investments.
The Nasdaq Composite index has dropped 18% year-to-date, while these three tech stocks have plummeted between 10% and 64% over the same period. At these prices, here's why you should consider buying MercadoLibre (NASDAQ: MELI), Roku (NASDAQ: ROKU), and Veeva Systems (NYSE: VEEV) while they are at a discount.
MercadoLibre has often been called the Amazon (NASDAQ: AMZN) of Latin America, but MercadoLibre has seen tremendous success in one category that Amazon hasn't: fintech.
Source Fool.com
