Are These 2 Fallen Nasdaq Stocks Big Bargains?

Investors watching the Nasdaq Composite (NASDAQINDEX: ^IXIC) have had to sit by as other major market indexes get all the attention. Even as other benchmarks climb to record highs, the Nasdaq is still shy of its best levels, even though it's posting a modest 0.2% gain as of 2 p.m EDT on Friday afternoon.

Part of the problem stems from some beaten-down names that are going through some struggles. The big question ahead is whether the moves downward for those falling stocks will prove to be bargain-hunting opportunities or become symptomatic of longer-term problems. Today's big losers on the Nasdaq include WD-40 (NASDAQ: WDFC) and Chuy's Holdings (NASDAQ: CHUY), and we'll take a closer look to see whether long-term investors should agree with the traders who have sent their shares sharply lower on Friday.

Shares of WD-40 dropped more than 13% on Friday afternoon. The maker of the eponymous lubricant released solid gains in its fiscal second-quarter results, but investors didn't seem to appreciate the growth the company produced.

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Source Fool.com