Is It Time to Buy 5 of the Nasdaq's Worst-Performing July Stocks?

If you thought last month's rout for Chinese technology stocks like Alibaba (NYSE: BABA) and Tencent Holdings (OTC: TCEHY) was bad, look a little further down the market cap scale. It gets even worse. Other Nasdaq-listed peers like Trip.com (NASDAQ: TRIP) and Bilibili (NASDAQ: BILI) lost a respective 27% and 30% of their value in July versus the Nasdaq Composite's slight gain.

An opportunity? It's never wrong to scrutinize a heavily sold-off ticker as a prospective purchase; why pay more for a good stock when you can pay less?

Simply because a stock has lost a great deal of value, however, doesn't inherently bolster its bullish case right now. There may be more value at risk. This certainly seems to be the case with some of the Nasdaq's top large-cap losers last month, which all fell for the same underlying reason that's yet to fully play out.

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Source Fool.com