Nasdaq correction offers buying opportunities in Alphabet and American Express, potential for growth

From Nasdaq: 2025-03-12 16:30:00

The Nasdaq has entered a correction, down 12.6% from its highs. Smart investors see opportunities with blue chip stocks like Alphabet and American Express, both down over 20%. American Express faces concerns over consumer spending recession impact, while Alphabet battles fears of AI competition affecting revenue.

Alphabet stock, with a P/E of 20 and revenue growing over 10% annually, looks promising during the stock market correction. Investors are advised to consider buying opportunities in American Express, especially with the potential for growth amid economic challenges and fears of AI competition affecting revenue streams.

The Motley Fool Stock Advisor team identified the 10 best stocks to buy now, with American Express not making the cut. Stock Advisor provides guidance on building a portfolio, regular updates, and two new stock picks each month, outperforming the S&P 500 since 2002. Join to access the latest top 10 list for potential returns.



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