|Bid||4.0500 x 3000|
|Ask||4.1400 x 900|
|Day's Range||4.0300 - 4.3200|
|52 Week Range||3.5600 - 17.7000|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Nasdaq Composite index has not been kind to tech investors this year, considering it has dropped more than 30% year to date as of this writing. If Roku and PubMatic can execute on a few key opportunities, both could bounce back over the coming years and be great investments for those who get in now. To say the least, it has been painful to be a Roku investor.
The first half of 2022 is all but over, and it's been a lousy one for the stock market. The Nasdaq Composite index is down 29.3% year to date. Take Advanced Micro Devices (NASDAQ: AMD); it's down 42.7% so far this year.
The current market sell-off has been brutal to wide selection of stocks, but it seems to have affected stocks in the Nasdaq Composite more than the broader market. Tech stocks have historically been listed on the Nasdaq, and they tend to have higher valuations due to the margin profile. Today we are going to look at three Nasdaq stocks that have been hit by the sell-off, but also have the real potential to triple in value over the next three to five years.