7 Beaten-Down Nasdaq Stocks to Buy Before They Rebound
Nasdaq stocks to buy is our topic for today. Many of these widely-followed shares have suffered significant year-to-date (YTD) losses on news of persistent inflation and interest rate hikes. For instance, the tech-heavy Nasdaq 100 index is deep in the bear market territory, down around 26% so far in 2022. While macroeconomic headwinds continue to squeeze the hefty valuations of growth stocks, investors who can ride out the short-term volatility are poised to find attractive Nasdaq stocks to buy in the third quarter. Despite growing fears for a recession, the bear market has ignited analyst calls to “buy the dip.” Many concur investing in beaten-down growth stocks with sound fundamentals could help create long-term wealth for many of our readers. 7 Growth Stocks to Buy for a Rich Retirement With that information, here are seven Nasdaq stocks to buy that could gain traction in July. BKR Baker Hughes $29.53 AVGO Broadcom $490.31 COST Costco Wholesale $472.2 FANG Diamondback Energy $125.67 ENPH Enphase Energy $180.59 MSFT Microsoft $260.11 TSCO Tractor Supply $196.34 Baker Hughes (BKR) Source: Shutterstock 52-week range: $19.23 – $39.78 Global energy tech play Baker Hughes (NASDAQ: BKR ) offers a range of oilfield services to oil and gas companies.
7 Beaten-Down Nasdaq Stocks to Buy Before They Rebound
Nasdaq stocks to buy is our topic for today. Many of these widely-followed shares have suffered significant year-to-date (YTD) losses on news of persistent inflation and interest rate hikes. For instance, the tech-heavy Nasdaq 100 index is deep in the bear market territory, down around 26% so far in 2022. While macroeconomic headwinds continue to squeeze the hefty valuations of growth stocks, investors who can ride out the short-term volatility are poised to find attractive Nasdaq stocks to buy in the third quarter. Despite growing fears for a recession, the bear market has ignited analyst calls to “buy the dip.” Many concur investing in beaten-down growth stocks with sound fundamentals could help create long-term wealth for many of our readers. 7 Growth Stocks to Buy for a Rich Retirement With that information, here are seven Nasdaq stocks to buy that could gain traction in July. BKR Baker Hughes $29.53 AVGO Broadcom $490.31 COST Costco Wholesale $472.2 FANG Diamondback Energy $125.67 ENPH Enphase Energy $180.59 MSFT Microsoft $260.11 TSCO Tractor Supply $196.34 Baker Hughes (BKR) Source: Shutterstock 52-week range: $19.23 – $39.78 Global energy tech play Baker Hughes (NASDAQ: BKR ) offers a range of oilfield services to oil and gas companies.