Prediction: 2 Supercharged Tech Stocks That Will Soar Again
The most recent bull market began at the start of 2023. Through the end of 2024, the S&P 500 rose more than 50%, and the Nasdaq Composite by a jaw-dropping 85%. The election briefly brought even more enthusiasm, as some saw the new administration as a net positive for corporations and the stock market.However, the market loathes uncertainty, and trade wars and tariffs have rattled investors. The S&P 500 entered correction territory (more than 10% down from highs) by falling 19%, and the Nasdaq entered a bear market by retreating more than 24% from its recent high. This is a tough pill for many, but there is a silver lining.Buying stocks during a raging bull market often means paying top dollar. A healthy pullback allows investors to buy stocks that are fairly valued or, in many cases, undervalued. We all say we want to buy low and sell high, but it's easier said than done. There are worries that a recession could cause the markets to retreat further, but no one knows if this will happen. Many were convinced a recession was coming in 2023, but it never did.Continue reading
The most recent bull market began at the start of 2023. Through the end of 2024, the S&P 500 rose more than 50%, and the Nasdaq Composite by a jaw-dropping 85%. The election briefly brought even more enthusiasm, as some saw the new administration as a net positive for corporations and the stock market.
However, the market loathes uncertainty, and trade wars and tariffs have rattled investors. The S&P 500 entered correction territory (more than 10% down from highs) by falling 19%, and the Nasdaq entered a bear market by retreating more than 24% from its recent high. This is a tough pill for many, but there is a silver lining.
Buying stocks during a raging bull market often means paying top dollar. A healthy pullback allows investors to buy stocks that are fairly valued or, in many cases, undervalued. We all say we want to buy low and sell high, but it's easier said than done. There are worries that a recession could cause the markets to retreat further, but no one knows if this will happen. Many were convinced a recession was coming in 2023, but it never did.
