Drops for Nvidia, Tesla and other former superstars dragged Wall Street lower. The S&P 500 fell 1.1% Wednesday.

If a recession or market downturn is looming, take that opportunity to load up on strong stocks. From there, do your best to simply wait it out. Even the worst slumps are only temporary, and the investors who go into them with a strategy will reap the biggest rewards.

Stocks enter correction territory as credit spreads widen & AI hype fades. Click here to find out more about the U.S. Stock Market.

Nvidia (NASDAQ: NVDA) has been one of the companies that have been in the crosshairs of investors dumping stocks amid the market downturn. This shouldn't surprise anyone since Nvidia has been one of the best-performing stocks over the past few years,

Wall Street swung back down, and its former superstars once again led the way. The S&P 500 lost 1.1% Tuesday for its latest swerve in a jarring, weekslong ride.

Tesla stock looks attractive for aggressive investors who can handle being bullish when so many others are bearish—and can handle a little surrealism. Beyond the polarizing persona of CEO Elon Musk is an innovative electric-vehicle company in an unusual predicament that is rarely associated with companies worth almost $1 trillion.

Micron has become one of the most important players in the artificial intelligence (AI) races over the past two years. While some legacy Micron businesses are currently in a downturn, investors may be taking too short term of an approach, missing the AI forest for the legacy market trees.

Super Micro Computer (NASDAQ: SMCI) declined 8.6% today due to continuing tariff fears and a cool-off in the AI + data center narrative. Many have argued that the stock was already cheap due to previous fears about the company’s books being cooked.

A perfect example of this concept is one of my favorite dividend growth stocks, Badger Meter (NYSE: BMI). Down 16% from its highs in late 2024, Badger Meter has sold off faster than the S&P 500 despite its long-standing history of thoroughly stomping the index.

What Happened? Shares of online home goods retailer Wayfair (NYSE:W) fell 7.3% in the morning session after the Bureau of Economic Analysis reported that the Fed's preferred inflation gauge (the Personal Consumption Expenditures (PCE) price index) revealed core inflation came in hotter than expected,