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21.05.2022 14:00:00

The Nasdaq Is Down 27%: It's Time to Buy These 3 Stocks

A bear market is cemented when an asset or index falls in value by 20% or more; by that definition, the Nasdaq-100 technology index is well and truly there with a loss of 27% from its all-time high. Some individual tech stocks are down significantly more than that, which can be intimidating for investors, but it's not all bad news.A new bull market in the technology sector is a matter of when, not if. So, while you can't control when the bottom occurs, you can control the stocks you buy right now -- and given the steep discounts on offer, there are plenty of potential opportunities. Three Motley Fool contributors are eyeing Duolingo (NASDAQ: DUOL), Confluent (NASDAQ: CFLT), and DocuSign (NASDAQ: DOCU) thanks to their blockbuster earnings reports recently, which could pave the way for long-term growth. Image source: Getty Images.Continue reading
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