In the past couple of decades, the stock market has had a tremendous run. That tailwind has been the perfect recipe for the creation of numerous trillion-dollar companies.
Read MoreLess than three months ago, the Nasdaq Composite hit an all-time high, continuing a solid run that began two years ago. Since that mark, the index is down over 13%, including a 9% drop this year, and is in correction mode (as of March 11).
Read MoreWith the Nasdaq index in correction territory, many investors are trying to decide if it's a buying opportunity or if they should run for the hills. A correction is marked by an index declining 10% from its all-time high, which isn't quite as severe as a bear market.
Read MoreThe current stock market correction has affected many companies, including Amazon (AMZN 2.09%). Amazon is down nearly 20% from its all-time high, and is actually near the cheapest the stock has ever been based on its price-to-earnings (P/E) ratio.
Read MoreEquity markets have not performed well so far in 2025, with macroeconomic tensions, including President Donald Trump's trade wars, playing a role. On the bright side, the ongoing volatility could create excellent opportunities to buy shares of great companies on the dip.
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