Published January 29th 2022

These 8 tech stocks could bounce after the Nasdaq drop

TOGGLE compiled a list of tech stocks that could bounce back based on historical trends when the Nasdaq Composite plunges. We found the stocks that bounced back the most after a Nasdar selloff of more than 7% a week. Currently, Nvidia is sitting at the top of the list.

8 tech stocks that could bounce chart

The first column shows each stock’s median return from similar historic events. The middle two columns are the risk-reward outlook divided out between the range of the 80th percentile versus the 20th percentile. The last column shows the count of past episodes that were analyzed.

A stock-market selloff at the beginning of 2022 comes from an increase in treasury yields coming from an expectation of a more aggressive Federal Reserve. Growth stocks that are often featured in the Nasdaq Composite COMP, 0.75% have been impacted by the sharp stock-market selloff.

These 8 tech stocks could bounce after the Nasdaq drop

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