Advertisement
New Zealand markets open in 4 hours 32 minutes
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NZD/USD

    0.5948
    +0.0011 (+0.18%)
     
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • OIL

    82.58
    -0.23 (-0.28%)
     
  • GOLD

    2,342.60
    +4.20 (+0.18%)
     

The Nasdaq Could Soar in 2023 -- 5 Stocks Down 57% to 91% to Buy Before It Does

The Nasdaq Could Soar in 2023 -- 5 Stocks Down 57% to 91% to Buy Before It Does

The Nasdaq Composite index, which has a bigger than average share of tech stocks in it, plunged 33% for the year as inflation and interest rates climbed. A look back at the Nasdaq Composite's 51-year history shows that back-to-back losing years are incredibly rare. The broader tech sell-off was brutal for the following five stocks, but if history repeats for the Nasdaq, these five tech stocks could have a great 2023 too.