Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

This Is the 1 Stock I Bought as the Nasdaq Plunged


No one will blame you if the past few weeks have been nerve-wracking. While the market as a whole has been relatively steady, some of the most popular stocks on the Nasdaq Composite have been falling quickly.

Those of us who invest in technology stocks -- especially Software-as-a-Service (SaaS) ones -- have had a roller-coaster ride. One data point: The ARK Innovation ETF (NYSEMKT: ARKK) -- which invests heavily in such stocks -- fell 25% in a matter of weeks.

But instead of panicking, I used the opportunity to buy shares of Unity Software (NYSE: U), a company that has all the characteristics of a winning stock. Here's why I say that.

Continue reading


Source Fool.com

Like: 0
Share

Comments