7 Nasdaq Stocks to Buy and Hold Forever
Inflation, interest rates, and recession fears have put pressure on stocks, but Nasdaq stocks in particular have been hardest hit. So far this year, the SP 500 is down 18%. The Dow Jones Industrial Average is down 13%. The Nasdaq, as measured by the Nasdaq composite ? It’s down by a wider margin, 25.8% year-to-date. That’s not surprising, given the index is made up largely of richly priced tech stocks. Such names are most sensitive to rising interest rates, and negative changes in economic conditions. As these issues carry on in the near term, names that trade on the Nasdaq could continue to struggle. Still, that’s not to say you should avoid them completely. Some high-quality tech names commonly associated with the index are now at appealing entry points. 7 Great Dividend Stocks Under $25 Along with this, there are scores of non-tech names listed on the exchange that are promising long-term buy-and-hold opportunities. That brings us to these seven Nasdaq stocks. Each one could provide long-term investors buying them today with solid returns.
7 Nasdaq Stocks to Buy and Hold Forever
Inflation, interest rates, and recession fears have put pressure on stocks, but Nasdaq stocks in particular have been hardest hit. So far this year, the SP 500 is down 18%. The Dow Jones Industrial Average is down 13%. The Nasdaq, as measured by the Nasdaq composite ? It’s down by a wider margin, 25.8% year-to-date. That’s not surprising, given the index is made up largely of richly priced tech stocks. Such names are most sensitive to rising interest rates, and negative changes in economic conditions. As these issues carry on in the near term, names that trade on the Nasdaq could continue to struggle. Still, that’s not to say you should avoid them completely. Some high-quality tech names commonly associated with the index are now at appealing entry points. 7 Great Dividend Stocks Under $25 Along with this, there are scores of non-tech names listed on the exchange that are promising long-term buy-and-hold opportunities. That brings us to these seven Nasdaq stocks. Each one could provide long-term investors buying them today with solid returns.