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Is It Time to Buy 5 of the Nasdaq's Worst-Performing July Stocks?

·4 min read
Is It Time to Buy 5 of the Nasdaq's Worst-Performing July Stocks?
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If you thought last month's rout for Chinese technology stocks like Alibaba (NYSE: BABA) and Tencent Holdings (OTC: TCEHY) was bad, look a little further down the market cap scale. Other Nasdaq-listed peers like Trip.com (NASDAQ: TRIP) and Bilibili (NASDAQ: BILI) lost a respective 27% and 30% of their value in July versus the Nasdaq Composite's slight gain. It's never wrong to scrutinize a heavily sold-off ticker as a prospective purchase; why pay more for a good stock when you can pay less?