From Zacks Investment Research: 2025-03-07 11:32:11

Wall Street is grappling with concerns over tariffs and economic slowdown, with the Nasdaq Composite Index entering correction territory. Invesco QQQ, a proxy to the index, also dropped 10.8% from its peak. Marvell Technology, PayPal, AppLovin Corporation, NVIDIA Corporation, and Lululemon Athletica Inc. are stocks from the ETF that have been hit hard but show promise with a Zacks Rank of 1 or 2. Trade war fears are escalating, impacting U.S. consumers, global economy, and corporate profits. U.S. economy shows signs of slowing down, with the Nasdaq index taking a hit and semiconductor stocks tumbling. The QQQ ETF offers exposure to large tech companies and is a popular choice for investors.



Read more at Zacks Investment Research: Nasdaq Enters Correction: 5 Bargain Stocks in the ETF – March 7, 2025