Reported about 17 hours ago
The Nasdaq Composite has experienced significant volatility, with a drop of about 3.8% year-to-date and nearing a technical correction. Amidst this downturn, three stocks stand out as potential bargains: Advanced Micro Devices (AMD), Broadcom (AVGO), and Amazon (AMZN). Analysts suggest that AMD's recent 55% decline may be excessive given its growth potential, Broadcom is positioned for substantial earnings growth in the AI sector despite a 27% drop, and Amazon remains a strong long-term investment opportunity despite its recent 15% pullback, historically recovering from similar dips.
Source: YAHOO