Nasdaq has outperformed S&P 500, tech stocks like Apple and Amazon continue to shine.

From Nasdaq: 2024-08-22 05:57:00

The Nasdaq Composite has outperformed the S&P 500, rising 127% in the past five years. Tech giants like Apple and Amazon make up 60% of the index. Despite recent market dips, tech remains a solid growth market for savvy investors. ASML Holding NV’s stock has dipped due to geopolitical concerns, but the Dutch company’s vital role in chipmaking suggests long-term potential. Amazon’s stock has soared 105% since 2019, with impressive revenue and operating income growth. AWS was a key driver of the company’s Q2 success, posting a 74% increase in operating income. These growth stocks are worth considering after a sell-off.



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