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Nasdaq Stock Market Correction: 2 Stocks I Wouldn't Hesitate to Buy the Dip On (Hint: It's Not Nvidia)

The Motley Fool·
Nasdaq Stock Market Correction: 2 Stocks I Wouldn't Hesitate to Buy the Dip On (Hint: It's Not Nvidia)

With the Nasdaq Composite entering correction territory (down 10%+), the author recommends avoiding risky AI-focused stocks like Nvidia and instead suggests buying Remitly Global and Amazon. Remitly's international remittance business is recession-resistant with strong growth, while Amazon could benefit from slowing AI infrastructure investment by returning to positive free cash flow while maintaining its cloud computing dominance.

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