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NasdaqThe Motley Fool
•81% Informative
Nasdaq Composite closed in correction territory on Aug. 2 for the first time since 2022 .
The growth-focused index has since rebounded 4% , and history says it could climb even higher in the coming months .
Wall Street analysts are generally bullish on two Nasdaq stocks: Alphabet (NASDAQ: GOOGL) and Atlassian .
Atlassian estimates its $67 billion addressable market is growing at 13% annually .
Wall Street expects adjusted earnings to increase at 19% annually through fiscal 2027 .
Atlassian is a good company with a strong competitive position, but I would keep this stock on my watch list for the time being.
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35
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