Market Overreaction: 2 Stocks to Buy on the Way Down

From Nasdaq: 2024-12-23 08:45:00

Investors often experience overreactions during earnings season, driven by FOMO. Two stocks, Nike and Synopsis, present buying opportunities for savvy investors. Nike’s former CEO returns to lead a turnaround after a challenging year. Despite a decent fiscal Q2 2025 earnings report, Nike’s stock fell due to weak forward guidance. Synopsis struggles in the semiconductor industry, facing headwinds from China and providing soft guidance for the future. The company is awaiting regulatory approvals for a major acquisition of ANSYS Inc.



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