Since the start of 2020, all three major stock indexes have teetered back and forth between bull and bear markets. These swings have been particularly noteworthy for the growth-focused Nasdaq Composite (^IXIC), which shed 33% of its value during the 2022 bear market and in 2023 has gained 30% on a year-to-date basis through Nov. 8.
Despite this sizable bounce, the Nasdaq Composite remains 15% below its record-closing high set two years ago. Though some investors will view this two-year stretch with disappointment, long-term investors see opportunity. That’s because every major decline in the Nasdaq Composite has eventually been pushed aside by a bull market rally.
In other words, it means stock market corrections and bear markets are the ideal time for investors to put their money to work in discounted growth stocks.
What follows are four first-in-their-class growth stocks you’ll regret not buying in the wake of the Nasdaq bear market dip.
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