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3 Stocks to Add to Your Portfolio in the Event of a Market Downturn

3 Stocks to Add to Your Portfolio in the Event of a Market Downturn

The Nasdaq Composite had its best January in more than 20 years this past month, which is a promising sign for investors. The index, primarily made up of technology stocks, was up 10.7% in January, the best return in January since 2001. It was a bit unexpected as many market watchers predicted that there could be another correction in 2023, due to projections that an economic slowdown, and potentially a recession, is possible, given the rapid rise in interest rates.