Nasdaq Bear Market: 5 Magnificent Growth Stocks You'll Regret Not Buying on the Dip
For most investors, 2022 hasn't gone as planned. Following a year where the biggest drawdown in the S&P 500 totaled just 5%, the benchmark index has responded in 2022 by plunging into a bear market and delivering its worst first-half return in 52 years.
But that's nothing compared to the growth stock-dependent Nasdaq Composite (NASDAQINDEX: ^IXIC), which has fallen by as much as 38% on a peak-to-trough basis since hitting an all-time last November. The index most responsible for pushing the broader market to new heights is now its biggest drag.
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Source Fool.com
