These Nasdaq High-Flyers Are Getting Exactly What They Need Today
Stocks have been making record runs lately, but at least on Wednesday morning, the Nasdaq Composite (NASDAQINDEX: ^IXIC) decided to take a little break from its bull market. The Nasdaq gave up about 0.25% as of 11:30 a.m. EST, falling back from its record close on Tuesday.
The top stocks in the Nasdaq this year have done far better than the overall index, but some of them are giving up more ground today. Yet as difficult as it is to see a favorite stock drop, sometimes a pause is exactly what investors need in order to see further long-term moves higher in share prices. Moreover, short-term declines give interested shareholders a chance to add to their positions.
Image source: Getty Images.
Source Fool.com
