A nearly 13% decline spanning 13 trading sessions for the Nasdaq Composite marks an ideal opportunity for investors to pounce on amazing deals.

Nvidia stock was hammered big time during the Nasdaq sell-off of 2022. Here's what Nvidia's growth and valuation may mean for what's happening now.

It's been a challenging time for investors, as the Nasdaq Composite (NASDAQINDEX: ^IXIC) has plunged into correction territory -- falling by more than 13% over the past three weeks. Many Americans were already worried about the stock market leading up to this sudden dip.

After peaking on Dec. 16, the Nasdaq Composite -- which tracks almost every stock trading on the Nasdaq stock exchange -- has entered into a correction. The index is down around 9% year to date and 13% from its December peak.