Growth stock bargains can still be unearthed, even with the Nasdaq Composite recently climbing to a fresh all-time high.
The previous four years have served as a reminder that Wall Street is highly unpredictable over short timelines. Since this decade kicked off, all three major stock indexes have traded off bear and bull markets on a couple of occasions.
This volatility has been especially pronounced in the Nasdaq Composite (^IXIC -0.03%). After shedding a third of its value during the 2022 bear market, the Nasdaq Composite has skyrocketed 56% since the start of 2023. It also hit a fresh all-time high in April, which confirms that we’re in a relatively new bull market.
Image source: Getty Images.
The interesting thing about bull markets is that phenomenal deals can always be found — you just have to be willing to look for them. With artificial intelligence (AI) stocks responsible for a sizable portion of the Nasdaq’s gains, it…
