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2 Nasdaq Growth Stocks Down 53% and 64% to Buy Hand Over Fist in 2023

2 Nasdaq Growth Stocks Down 53% and 64% to Buy Hand Over Fist in 2023

The Nasdaq Composite is heavily weighted toward the technology sector, and that tends to make the index volatile. For instance, the Nasdaq is currently 31% off its high, while the broad-based S&P 500 is down just 17%. Despite falling more sharply of late, the Nasdaq has easily outperformed the S&P 500 over the past decade because it includes many innovative and potentially disruptive companies, and those companies can create tremendous value for patient shareholders.