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Super Micro Computer stock has become too attractive to ignore following its recent drop.

(Bloomberg) -- Emerging-market stocks rallied as traders grew optimistic that the US economy will be able to avoid a recession while expecting the Federal Reserve to start cutting interest rates next month, which should provide a fresh boost to risk assets.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for So

The S&P 500 added 0.2% on Friday, Aug. 16, closing out a strong week and completing its recovery from a selloff at the beginning of the month.

This booming growth tech stock is benefiting from strong momentum.

NYSE new highs vs. new lows indicator and the S 500 are showing strength. Plus, Chipotle looks tasty.

Nvidia (NVDA) has been a top-performing stock for several years, but the AI boom put this chip stock into the spotlight in 2023. Triple-digit year-over-year revenue growth became a regular occurrence each quarter and remains that way today. Some investors may be nervous about a bubble since Nvidia has gained so much, but I remain bullish on this stock and the AI opportunity. That’s because Nvidia is outpacing its competition, capitalizing on the industry’s explosive growth, and continuously inno