Should You Buy Stocks in the Nasdaq Correction? 6 Words From Warren Buffett Offer a Strikingly Clear Answer.

Last year, Nasdaq stocks -- from Nvidia to Palantir Technologies -- pumped up the performance of many portfolios. Investors piled into these high-growth names, and the fact that these players are involved in the booming artificial intelligence industry made their stories even brighter. The index finished the year with a double-digit gain, following a double-digit increase in 2023, and the momentum continued into the early days of this year.But in recent weeks, the Nasdaq has lost its glow -- at least for now. The benchmark slipped into correction territory, falling more than 10% from its latest high back in December, amid concerns about the impact that President Donald Trump's tariffs on imports may have on the economy. Though the Federal Reserve said last week that it might cut rates twice this year, the central bank also expects higher inflation, and Chair Jerome Powell says that expectation is linked to the tariffs.Against this backdrop, you may be wondering whether now is the right time to invest. In these sorts of situations, it's a great idea to turn to the wisdom of someone who has experienced the ups and downs of the stock market and scored a win over the long term. I'm talking about billionaire investor Warren Buffett. Should you buy stocks in the Nasdaq correction? Six words from Buffett offer a strikingly clear answer.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool