This Is the Cheapest Magnificent Seven Stock. Is It Time to Buy?

Category: Finance

The 'Magnificent Seven' tech stocks, including Alphabet, Microsoft, and Apple, have significantly influenced the stock market since the launch of ChatGPT. Despite Alphabet's recent stock decline due to slower YouTube growth and increased capital expenditures for AI, its overall revenue and profit growth remain strong. Investors are encouraged to consider buying Alphabet on the dip, as it continues to lead in the AI sector while trading at a discount compared to the S&P 500.

Keywords: Magnificent Seven, Alphabet, AI investment

Source: The Motley Fool

Update At: 8/6/2024

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