Ritholtz Wealth Management CEO Josh Brown certainly has a way with words. Describing the turbulence of a well-known large-cap stock index, Brown colorfully declared, “The Nasdaq 100 has become an absolute meat grinder this year.”
No doubt about it: the technology-focused NASDAQ 100 ground up many unsuspecting stock traders during the past few months. Yet, Brown’s message wasn’t entirely pessimistic.
Amid the tech wreckage, Brown exhorted, “[J]ust think of all the opportunities now being created. Some of the highest quality companies in the stock market have just gotten materially cheaper.” I concur 100%, and if you’re prepared to turn volatility into opportunity, check out these three beaten-down NASDAQ 100 members with tech-tastic rebound potential.
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