The Nasdaq compound is in correction territory. 2 Actions to consider buying in the sauce

During the last two years and a bit, the Nasdaq compound It has been a great hunting field for investors looking for shares to buy. In mid -February, the index driven by technology had shot 94% within that period!

However, it ended last Thursday (March 6) with 18,069 points. This meant that more than 10% had fallen since December, officially putting it in correction territory.

No one knows where things will go next, but history suggests that buying high quality NASDAQ shares in previous falls has been a winning strategy for long -term investors.

Here are two actions that I think it is worth considering.

MercadoLibre

The first is MercadoLibre (Nasdaq: Meli). This is the amazon/PayPal of Latin America, operating in 18 countries. In addition to administering the largest electronic commerce market, it has Fintech businesses and fast -growing advertising, as well as an amazon Prime subscription service.

In 2024, the company's revenues rose 38% year after year to $ 21 billion, while net earnings almost doubled to $ 1.9 billion.

The action is not cheap to 5 times sales and 43 times earnings to progress. Mercadolibre will have to continue growing rapidly to justify its valuation, while defending the competition of cheap Chinese purchasing applications. These are risks to consider.

However, according to management, Latin America is still a decade behind the United States in terms of electronic commerce penetration. And Mercadolibre aims to grow its annual users of 100 m today at 300m in the long term.

These figures highlight the significant opportunity ahead. The price of the action has dropped 11.1% since February, offering a possible opportunity to buy sauce to investigate.

Alphabet

The following is Alphabet (Nasdaq: Goog) (Nasdaq: Googl). As the Ticker symbols indicate, this is the Google parent company and everything it implies (Google Search, Google Cloud, YouTube, Android, etc.).

A $ 175, the price of the action is 15.4% lower than only one month ago. This places the price -gain price ratio of the technology actions (P/E) to a cheap appearance 19 times. That is very low other technological actions of seven 'magnificent' and the broader Nasdaq index.

Why are actions cheap? I think there are a couple of key concerns here. First, the United States Department of Justice is pressing to break Google. Accusing to be a monopoly, he wants the technological giant to sell his web browser, Google Chrome and, potentially, Android. Then this uncertainty is hanging on the stock.

Another risk is that most Alphabet's profits come from digital advertising in Google and YouTube. There is a growing concern that the United States can immerse yourself in a recession. If so, this could affect Alphabet's profits during a pair of rooms.

However, in my eyes, the positive positive positives exceed the risks here. Analysts see the company growing revenues to around $ 480 billion in 2027, compared to $ 350 billion last year. The profits are also expected to grow two digits, giving a multiple of p/e forward of only 15 by 2027.

Meanwhile, Alphabet's Robotaxi subsidiary, Waymo, carried out more than 4 million taxi trips without driver last year. Plan to expand worldwide during the next decade, potentially interrupting traditional taxi services replacing human drivers with autonomous vehicles.

Finally, Google is a leader in the emerging field of quantum computing. His new quantum chip, Willow, has made advances in the correction of quantum errors, completing in less than five minutes a calculation that would lead to existing supercomputers 10 sereshillones of years to complete.