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 (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.
Source Fool.com
Alphabet Inc. C Aktie
143,78 €
0,93 %
Die Alphabet Inc. C Aktie genießt uneingeschränkte Beliebtheit: Nur Buy-Einschätzungen.
Ein leicht positives Potenzial wird für Alphabet Inc. C mit einem Kursziel von 165 € im Vergleich zu 143.78 € gesehen.
Kommentare
I totally agree with all opinions in this article. Thanks for sharing it and geometry dash lite that features interesting levels.
