3 Oversold Stocks to Buy on the Dip: August 2024
GCTGigaCloud(GCT) Investor Place·2024-08-13 21:00

The majority of securities trading in trading in the U.S. stock market have experienced months of solid gains in a matter of several days. Since July 16, the stock market has tumbled, with a slight recovery in the last couple of days. At one point, the S&P 500 had fallen by 9%, and the Nasdaq had dropped by 13%.Investors have been mainly fleeing large-market-cap stocks that are overvalued following a much lower-than-expected job report for July and fears that the Federal Reserve has waited too long before i ...