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.

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Source Fool.com