From Nasdaq: 2024-08-05 05:42:00

The Nasdaq entered a correction last week, down 10% from its peak, raising concerns for investors. However, this could be a buying opportunity with three promising stocks like Alphabet, whose shares dropped but still show strong growth potential in search, AI, and cloud segments.

Meta Platforms also saw a decline in stock price but has shown robust revenue and earnings growth in Q2. The company’s focus on ad monetization and AI-driven innovations bode well for future growth and potential opportunities in the digital advertising space.

MercadoLibre stands out with its resilience in the market, reporting impressive Q2 results with soaring revenue and earnings. Their ongoing innovations, such as deploying robots in fulfillment centers and expanding fintech services, position them for continued growth in the e-commerce and payment sectors.



Read more at Nasdaq: Nasdaq Market Correction: 3 No-Brainer Stocks to Buy on the Pullback