Apple, Nvidia, and Tesla stocks are experiencing turbulence and have fallen double-digits in a month. While Apple shed 13% of its value, Nvidia fell nearly 15% during the same timeframe. On the other hand, Tesla crashed the hardest bleeding 33% in the indices. The leading tech stocks are facing a bloodbath with investors exiting the sector.
There’s fear among investors that Apple, Nvidia, and Tesla stocks are yet to bottom out and could shed more in value. Therefore, taking an entry position now is considered risky as stocks rarely rise at a similar speed of crashing. Moving up in the charts is three times longer but falling takes just days.
Also Read: XRP Price Prediction: Where Is It Headed By 2027?
Should You Buy Apple, Nvidia, & Tesla Stocks? Analyst Says Yes
Also Read: Pepe: Analyst Predicts 50% Rally To $0.0000105
Stock and commodity analyst Larry Williams explained that the best time to accumulate Apple, Nvidia, and Tesla stocks is now. He explained that the tech giants are available at discounted prices and might not stay at the bottom for long. The analyst stressed that now is the best time to indulge in bottom fishing to reap the benefits in the long term.
“You can have a good stock but if you don’t buy it at the right time you can still have problems. Right here, right now is probably the right time,” Williams said on StockCharts TV. He added, that Tesla could rapidly surge in value when investments begin to flow in a year. “When I look at the conditions of this stock, I see what I like to see,” he said. In conclusion, Apple, Nvidia, and Tesla stocks could be the best bet now, according to Williams.
Also, Apple, Nvidia, and Tesla stocks are the most sought-after assets in the market and could recover quickly during a bull run. Buying low and selling high could be the key to making the most of its downturn. Read here to learn about the top three stocks to buy this week for better gains.
Also Read: Pi Network’s PI Token Plummets: Will It Fall Below $1 Soon?