1 Popular Nasdaq Stock to Buy Hand Over Fist, and 1 to Avoid
For investors with a long-term focus, the 2022 bear market provides plenty of buying opportunities. High-quality businesses like Visa and Alphabet are trading at discounted earnings multiples for the first time in years (if you exclude the brief March 2020 market collapse). At the same time, there are many popular stocks that are unlikely to put up good returns this decade.
As an investor, it is important to research the companies in your portfolio so you can better determine which stocks fall into which of these two categories. to help you in your search, let's talk about one stock from each grouping. Here's why Electronic Arts (NASDAQ: EA) is a cheap stock worth buying right now, and why you might want to avoid investor favorite Tesla (NASDAQ: TSLA).
EA is one of the largest independent video game publishers in the world. The company has been around for decades as a public company. Since its IPO in 1989, the stock has returned almost 25,000% for long-term shareholders and now sits at a market cap of $32 billion.
Source Fool.com
