Nasdaq Bear Market: 2 Growth Stocks That Millionaires Are Buying on the Dip

·4 min read

The Nasdaq Composite fell into a bear market in March, and the tech-heavy index has yet to hit a new high. Around the same time, hedge fund manager Brad Gerstner of Altimeter Capital Management invested $2 million in Confluent (NASDAQ: CFLT), and then he doubled down with another $618,000 in June. Altimeter Capital Management now owns more than 10% of the company.