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Nasdaq Bear Market: 2 Brilliant Stocks Down 53% and 67% to Buy Before They Double, According to Wall Street
The Nasdaq Composite (NASDAQINDEX: ^IXIC) recently entered a bear market, which means the technology-focused index has tumbled more than 20% from its record high. But most Wall Street analysts see the decline as an opportunity to buy shares of Arm Holdings (NASDAQ: ARM) and The Trade Desk (NASDAQ: TTD).Here's what investors should know about Arm and The Trade Desk.Arm develops and licenses central processing unit (CPU) architectures and subsystems to companies that develop custom chips. Its processors are widely used in mobile devices, especially smartphones, but Arm's technology is also gaining market share in data centers. The major public clouds -- operated by Amazon, Microsoft, and Alphabet's Google -- have all deployed Arm-based chips.Continue reading
The Nasdaq Composite (NASDAQINDEX: ^IXIC) recently entered a bear market, which means the technology-focused index has tumbled more than 20% from its record high. But most Wall Street analysts see the decline as an opportunity to buy shares of Arm Holdings (NASDAQ: ARM) and The Trade Desk (NASDAQ: TTD).
Here's what investors should know about Arm and The Trade Desk.
Arm develops and licenses central processing unit (CPU) architectures and subsystems to companies that develop custom chips. Its processors are widely used in mobile devices, especially smartphones, but Arm's technology is also gaining market share in data centers. The major public clouds -- operated by Amazon, Microsoft, and Alphabet's Google -- have all deployed Arm-based chips.
