Nasdaq Bear Market: 2 Stocks I'd Buy With No Hesitation
An economic downturn in 2022 dragged down countless stocks, with the Nasdaq Composite tumbling 33% throughout the year. However, the market has enjoyed a solid recovery in 2023 alongside easing inflation. The index has climbed 29% since Jan. 1.
The improvement has some analysts calling a bull market. However, it's not a bad idea to exercise caution, as many companies continue to feel the effects of macroeconomic headwinds. As a result, now is an excellent time to strengthen your portfolio with stocks that make smart buys, no matter the market conditions.
So, here are two stocks I'd buy with no hesitation, especially in a Nasdaq bear market.
Source Fool.com