As investors eye stocks to pick up at a discount after the Nasdaq tumbled more than 20% from its record high in November, Wall Street analysts believe there are significant buying opportunities, a CNBC PRO screen revealed.
The Nasdaq Composite dropped 3.6% on Monday, falling into bear market territory after sustaining continued declines over the past several months. Investors are pivoting away from growth stocks, spooked by rising inflation and escalating geopolitical risks in Ukraine. The index fell deeper into bear market territory on Tuesday and now sits 21% off its recent high.
Still, there are some attractive picks in the tech-heavy exchange. CNBC Pro reviewed members of the Nasdaq-100 to find stocks most likely to bounce back from the dip, according to Wall Street analysis.
Become a member of CNBC Pro to see the list of stocks that are buying opportunities in the bear market. Get top stocks picks with Pro CNBC Pro gives you premium access to money-making ideas including daily stock recommendations, stock market trend analysis including commentary from leading Wall Street professionals, and all-access to CNBC Live Business TV.
Here are the top CNBC Pro stories today exclusive for our members!
Wall Street says these Nasdaq stocks have the best shot at bouncing back from the bear market
TUE, MARCH 08 2022
Santoli: Stocks may have had enough downside for now, but pros await a big washout and a bounce
TUE, MARCH 08 2022
Goldman says buy these global stocks to beat the volatility — and gives several over 50% upside
TUE, MARCH 08 2022
Here are Wednesday's biggest analyst calls of the day: Apple, Boeing, Amazon, Netflix & more
WED, MARCH 09 2022
Goldman sees 3 oil market scenarios unfolding from Russia-Ukraine war with one taking crude to $175
TUE, MARCH 08 2022
Best trades on CNBC Tuesday: Pros look for long-term stock winners during this market volatility
TUE, MARCH 08 2022
|