Putting your money to work on Wall Street is bound to come with its highs and lows. In successive years since the decade began, all three major stock indexes have traded off bear and bull markets, with the growth-stock-powered Nasdaq Composite (^IXIC -1.16%) vacillating the most.
During the 2022 bear market, the Nasdaq Composite brought up the caboose. It lost 33% of its value, which represented a notably worse performance than the Dow Jones Industrial Average and S&P 500. But since the start of 2023, the Nasdaq has been leading the charge. It’s up more than 55% in a little over 14 months and recently took out its previous record high, which was set in November 2021.
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But don’t think for a moment that, just because the Nasdaq Composite is breaking records, deals can’t still be found. With the “Magnificent Seven” doing most of the heavy lifting, bargains among growth stocks can still be uncovered for…
