The Nasdaq 100 Index finished January 2021 on a flat note, with modest returns of 0.31%. Within that index, Nasdaq companies digital car auctioneer Copart (NASDAQ: CPRT) , online travel agency Booking Holdings Inc. (NASDAQ: BKNG) , and Marriott International, Inc. (NASDAQ: MAR) had a rotten start to 2021, with the stock prices for each each sinking by more than 11%.
Does last month's plunge in value represent a buying opportunity -- or is this a sign to avoid these stocks at all costs? Let's find out a bit more about Nasdaq's three worst-performing January stocks and whether we can answer that question.
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Is It Time to Buy the Nasdaq's 3 Worst-Performing January Stocks?