Nasdaq Sell-Off: 2 Unstoppable Growth Stocks to Buy Right Now
The Nasdaq Composite has increased by 127% over the last five years, outperforming the S 500's 95% rise in that period. This difference illustrates the power of tech, with the Nasdaq home to many of the world's leading tech giants. Companies like Apple, Nvidia, Microsoft, , and Amazon (NASDAQ: AMZN) are collectively worth more than $13 trillion, or 60% of the Nasdaq Composite.
The index has a long growth history, driven by the innovations of its many tech giants. As a result, a recent dip in the market has made now a compelling time to bulk up your portfolio with some of the most reliable growth stocks.
Over the last 30 days, the Nasdaq has tumbled 5%. Earlier this month, the Bureau of Labor Statistics reported that the U.S. had added 114,000 jobs in July. The figure illustrated a significant slowdown from the 179,000 jobs added in June, prompting fears of a recession and a sell-off in the stock market that hit tech companies particularly hard.
Source Fool.com
Alphabet Inc. C Stock
With 27 Buy predictions and not a single Sell prediction Alphabet Inc. C is an absolute favorite of our community.
As a result the target price of 165 € shows a slightly positive potential of 10.55% compared to the current price of 149.26 € for Alphabet Inc. C.
