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Is Nasdaq a Buy?

TheMotleyFool

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Like most financial stocks, the stock exchanges were beaten up during the stock market sell-off in the early days of the COVID-19 lockdown. While the entire financial sector has bounced off the March lows, it is still down substantially for the year. Credit issues are the big fear for the banks and the real estate investment trusts (REITs), as borrowers and tenants are struggling due to the weakness in the overall economy.

But one financial sector stock that has managed to avoid these issues in 2020 is Nasdaq (NASDAQ: NDAQ), which operates one of the main U.S. stock exchanges.

Image source: Getty Images.

Source Fool.com

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