Nasdaq Bear Market: 3 Ultra-Cheap, High-Yield Stocks Just Begging to Be Bought
Regardless of whether you're a new or tenured investor, it's been a challenging time to have your money invested on Wall Street. Since the benchmark S&P 500 and iconic Dow Jones Industrial Average hit their record highs in early January, both indexes have entered correction territory (i.e., a decline of at least 10%).
Things are even worse for the predominantly growth-focused Nasdaq Composite (NASDAQINDEX: ^IXIC). Since hitting its all-time high in November, the widely followed index has gone on to lose as much as 22% of its value. This squarely put the Nasdaq in a bear market.
Image source: Getty Images.
Source Fool.com
