The Market's Tariff Tumble: 2 Stocks to Buy During This Nasdaq Correction

The stock market is going through a major correction. As of market close on Friday, April 4, the Nasdaq 100 Index is actually down 21.6% from all-time highs, which means it has officially entered a bear market. The S&P 500 index has not passed the 20% threshold for a bear market, but it is still off 17.5% from its highs.Plenty of stocks are down even more on this tariff-induced tumble. While many investors rush to the exits, smart contrarian investors know now is the time to buy some stakes in high-quality businesses that are now trading on the cheap. Here are two stocks to buy during this Nasdaq market correction.Up to the plate first is Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). The technology giant is down 29% from all-time highs and is currently trading at a lower price than in November 2021 -- a brutal drawdown for shareholders in the wake of this tariff tantrum, further exacerbated by the artificial intelligence (AI) competition coming for the Google Search throne.Continue reading

Apr 7, 2025 - 17:21

The Market's Tariff Tumble: 2 Stocks to Buy During This Nasdaq Correction

The stock market is going through a major correction. As of market close on Friday, April 4, the Nasdaq 100 Index is actually down 21.6% from all-time highs, which means it has officially entered a bear market. The S&P 500 index has not passed the 20% threshold for a bear market, but it is still off 17.5% from its highs.

Plenty of stocks are down even more on this tariff-induced tumble. While many investors rush to the exits, smart contrarian investors know now is the time to buy some stakes in high-quality businesses that are now trading on the cheap. Here are two stocks to buy during this Nasdaq market correction.

Up to the plate first is Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). The technology giant is down 29% from all-time highs and is currently trading at a lower price than in November 2021 -- a brutal drawdown for shareholders in the wake of this tariff tantrum, further exacerbated by the artificial intelligence (AI) competition coming for the Google Search throne.