With the Nasdaq Composite in correction territory, investors should consider investing some cash in the stock market. Corrections are defined as a decline of 10% from an all-time high, but they occur fairly often (just over every year since 1980).

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.

Down over 13% from its all-time high (achieved in December), the Nasdaq Composite is officially in a correction, which is defined as a drawdown of at least 10%. After falling by 4% on Monday, the Nasdaq Composite ticked down again on Tuesday as the broader market sell-off intensified across the major indexes.