If I Could Buy Only 1 Stock in This Nasdaq Bear Market, This Would Be It

The stock market has taken investors on a roller coaster ride. Sharp up and down movements in the market follow the constant announcements from the Trump administration about tariffs, with the S&P 500 up over 10% on Wednesday and down 3.5% on Thursday. The S&P 500 never officially entered a bear market, but the Nasdaq 100 did. Shares of the index of technology and large-cap growth companies fell over 20% in the last few weeks before bouncing back by 12.2% on Wednesday, only to fall 4.3% on Thursday.Looking at historical records, the largest up days do happen during bear markets. None of us know whether the bear market in Nasdaq stocks will continue. What we can do is prepare our watch list, act rationally, and have a plan ready if stocks fall further. There are plenty of high-quality companies to buy if the market keeps falling.And I have my eye on one stock above all others: Airbnb (NASDAQ: ABNB). Because of its conservative balance sheet and long-term potential, the online marketplace for homestays and travel experiences is the stock I would buy if I had just one choice during this bear market.Continue reading

Apr 11, 2025 - 12:25
 0
If I Could Buy Only 1 Stock in This Nasdaq Bear Market, This Would Be It

The stock market has taken investors on a roller coaster ride. Sharp up and down movements in the market follow the constant announcements from the Trump administration about tariffs, with the S&P 500 up over 10% on Wednesday and down 3.5% on Thursday. The S&P 500 never officially entered a bear market, but the Nasdaq 100 did. Shares of the index of technology and large-cap growth companies fell over 20% in the last few weeks before bouncing back by 12.2% on Wednesday, only to fall 4.3% on Thursday.

Looking at historical records, the largest up days do happen during bear markets. None of us know whether the bear market in Nasdaq stocks will continue. What we can do is prepare our watch list, act rationally, and have a plan ready if stocks fall further. There are plenty of high-quality companies to buy if the market keeps falling.

And I have my eye on one stock above all others: Airbnb (NASDAQ: ABNB). Because of its conservative balance sheet and long-term potential, the online marketplace for homestays and travel experiences is the stock I would buy if I had just one choice during this bear market.

Continue reading