Is It Time to Buy the Nasdaq's 3 Worst-Performing June Stocks?
The Nasdaq has been on a tear this year, paced by excitement over artificial intelligence and a recovery from last year's steep sell-off.
That trend continued into June, with the tech-centric index rising 6.6% as signs showed that inflation continued to come down and the economy remained robust, with tech companies like Oracle posting stronger-than-expected results.
Nonetheless, not every Nasdaq stock was a winner last month. Let's look at the three of the worst-performing stocks in the Nasdaq 100 index to see if any are worth buying right now.
Source Fool.com
Oracle Corp. Stock
€126.32
-0.940%
With 39 Buy predictions and not a single Sell prediction Oracle Corp. is an absolute favorite of our community.
As a result the target price of 140 € shows a slightly positive potential of 10.83% compared to the current price of 126.32 € for Oracle Corp..
