This Is the Cheapest Magnificent Seven Stock. Is It Time to Buy?
The 'Magnificent Seven' stocks, including Alphabet, Microsoft, Apple, Nvidia, Amazon, Meta Platforms, and Tesla, have significantly influenced the stock market since late 2022, driven by their roles in the AI revolution. They constitute about a third of the S&P 500's value, with only Meta Platforms and Alphabet trading at discounts compared to the S&P 500's P/E ratio of 28.4.
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