Nasdaq Market Correction: 2 Brilliant Artificial Intelligence (AI) Stocks to Buy on the Dip

The Nasdaq Composite closed in correction territory on Friday, Aug. 2 as investors reacted to a disappointing jobs report. A correction occurs when an index declines at least 10% from its record high, but the Nasdaq has now tumbled 13%, and several stocks have fallen more sharply.Shares of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Super Micro Computer (NASDAQ: SMCI) have slipped 17% and 60%, respectively. Yet both stocks trade at reasonable valuations, and history says the Nasdaq correction could quickly reverse course. Since 2010, the Nasdaq has returned an average of 21.9% during the 12 months following its first close in correction territory.Here's why Alphabet and Supermicro are worth buying today.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool