This Technology Stock Might be a Spectacular Buy After the Nasdaq Correction, According to Wall Street Analysts
A broad sell-off swept the U.S. stock market as historically high valuations ran up against rising fears and uncertainties about tariffs, trade wars, and the macroeconomic outlook, triggering a risk-off sentiment among investors. Many high-quality stocks declined sharply in recent weeks --among them, Netflix (NASDAQ: NFLX), which was down by as much as 18% from its peak, and now trades about 8% below it. Netflix started to recover but investors can still scoop up its stock at a discount, and according to Wall Street, that might be a smart move.
