Major stock market indexes have dropped over 10% due to tariff rates, but some individual stocks present buying opportunities

From Nasdaq: 2025-04-08 05:41:00

The stock market has been extremely volatile, with major indexes like the S&P 500 and Nasdaq Composite falling over 10% in response to high tariff rates. Despite the downturn, it can be a good time to invest in solid companies. Here are five stocks that have dropped significantly and could be good buys.

Amazon.com has fallen nearly 30% from its peak due to concerns over tariffs and economic turbulence. With a strong e-commerce and cloud computing business, Amazon.com has room for growth and could be a bargain at its current valuation.

Alphabet, the parent company of Google, has also dropped by 29% and is an attractive investment opportunity. With a dominant search engine business and growing cloud segment, Alphabet is a solid choice for long-term investors.

Ally Financial, a bank specializing in auto lending, is trading 27% below its high. While concerns about a potential recession exist, Ally’s focus on efficiency and core business make it a profitable investment option.

Shopify, an e-commerce platform, has seen a 41% drop in its stock price. Despite tariff concerns, Shopify has strong revenue growth and is a solid choice for investors looking for growth potential.

Advanced Micro Devices (AMD) is down 53% from its peak but offers strong growth potential in data center, PC, and gaming chips. With a relatively low valuation and promising opportunities, AMD could be a valuable addition to a long-term portfolio.

There are many other opportunities in the market, but these five stocks present compelling investment choices. Consider the long-term potential of these companies, as they may weather short-term challenges like tariffs.



Read more at Nasdaq: Stock Market Crash: Here Are 5 Stocks Down 27% or More I’d Buy Right Now