The 2022 Nasdaq Composite bear market undermined investors' confidence in many tech-focused stocks. Crowdstrike Holdings (NASDAQ: CRWD) and MongoDB (NASDAQ: MDB), for example, are two companies delivering growth regardless of how the macro economy performs. Let's take a look at why these two Nasdaq stocks have what it takes to carry your portfolio going forward.
Tech stocks had a good day on Thursday as investors start to get more bullish on the industry's future. The Nasdaq Composite was up 0.9% at 2:20 p.m. ET, outpacing the Dow Jones Industrial Average and S&P 500 by a wide margin. MongoDB (NASDAQ: MDB) jumped as much as 9%, Atlassian (NASDAQ: TEAM) was up 10.3% at its peak, Datadog (NASDAQ: DDOG) was up 10.2%, HubSpot (NYSE: HUBS) rose 6.6%, and Wix.com (NASDAQ: WIX) popped 5.4%.
Yahoo Finance's Jared Blikre looks at the top stock movers of the day, including Carvana and other auto dealers.