Nasdaq Bear Market: 2 Stocks I'm Buying During a Recession
There's been a lot of fluctuation in the stock market in recent years. The COVID-19 pandemic sent many stocks skyrocketing in 2020 and 2021 as lockdowns led to increased spending on tech and home entertainment products. However, macroeconomic headwinds in 2022 brought the market crashing back down, with countless companies losing what they had gained the year before.
In 2023, stocks have once again swung in the opposite direction. Easing inflation and excitement over high-growth industries like artificial intelligence (AI) have allowed for a recovery, with the Nasdaq Composite index up 36% since Jan. 1.
Source Fool.com