These 2 Nasdaq Stocks Are Pointing the Way to 2021's Biggest Opportunity
Most people think of U.S. stock markets as offering shares of U.S. companies. The New York Stock Exchange, Nasdaq Stock Market, and smaller exchanges certainly have thousands of American businesses trade shares over their electronic networks and on trading floors.
Yet the Nasdaq Composite (NASDAQINDEX: ^IXIC) and the Nasdaq-100 Index don't just have shares of U.S.-based companies among their ranks. You'll find world-renowned companies in both indexes. And as it happens, Wednesday was a sterling day for two companies in a country that investors haven't really focused on very much in 2020: China.
The two best performers in the Nasdaq-100 Index were both Chinese companies. Online search specialist Baidu (NASDAQ: BIDU) led the way higher with gains of almost 11%. Meanwhile, e-commerce company Pinduoduo (NASDAQ: PDD) weighed in with a gain of more than 6% on the day.
Source Fool.com
