3 Beaten-Down Nasdaq Stocks You'll Regret Not Buying the Dip On
The tech-heavy Nasdaq has been crushed this year. The Nasdaq Composite is down 27% and could be a fertile breeding ground for quality high-growth stocks selling at mouthwatering prices. Though there is lingering uncertainty about the global macroeconomic environment, you might regret not buying the dip on these three Nasdaq names.
Apple (NASDAQ: AAPL) is the largest holding in Warren Buffett's company, Berkshire Hathaway. The company first started accumulating shares in 2016. Then in a show of confidence in the company, Buffett bought more shares in the first two quarters of this year.
After the old-fashioned investor finally traded his flip phone for an iPhone in 2020, he regarded the product as a "sticky" one. He was referring to the wildly loyal iPhone enthusiasts who repeatedly return to the product time and time again. The iPhone is one of the most popular smartphone brands in the world, controlling about 50% of the U.S. market and a healthy share of the global market. But there is more to it that makes the iPhone "sticky."
Source Fool.com
