After a big spike on the market on Wednesday following the Fed releasing meeting minutes, Thursday saw the worst day for the Nasdaq since 2011. Was this just a blip, or the beginning of a painful decline?
In this segment of Friday's Investor Beat, host Chris Hill and Motley Fool analyst James Early take a look at some of the high-flying tech stocks that make up the Nasdaq today. James notes that, because these stocks grew so quickly, there's plenty of room left for them to pull back, and that the volatile ride may not be over yet for this sector. The guys also discuss why now would be a great time for investors go to back and look at the reason they invested in these stocks in the first place, to see if they still believe in their investing theses, and to decide if they have the stomach for volatility here.
Chris Hill has no position in any stocks mentioned. James Early has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.