Market Recovery: 3 Software Stocks to Buy Before It's Too Late
The stock market has just suffered its worst performance in the first half of a year in decades. The decline profoundly affected growth stocks, and some sell at more than a 75% discount from 52-week highs.
However, the S&P 500 has climbed out of bear market territory, and the Nasdaq Composite has risen by approximately 20% from its June lows. Such a recovery may indicate it is time to consider growth tech stocks such as Snowflake (NYSE: SNOW), Twilio (NYSE: TWLO), and Spotify Technology (NYSE: SPOT).
Justin Pope (Snowflake): Bear markets are frustrating because they can bring all stock prices down, like a tide that goes out at sea lowering all ships; there's nothing you can do about it. Buying stocks in a down market never feels fun, but it often proves an intelligent decision when things get better.
Source Fool.com
