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28.09.2024 13:00:00

My Favorite "Magnificent Seven" Stocks to Buy Now (Hint: Nvidia's Not One)

"Magnificent Seven" stocks refers to a phrase coined by Bank of America analyst Michael Hartnett to describe the cohort leading the market. They are:Tesla lagged behind the others this year due to a decreased demand for electric vehicles, but the other six have done quite well. However, a few of them have reached points where they are no longer attractive buys, leaving only a few that I'd buy right now.If you don't have a generative artificial intelligence (AI) product, you don't belong in this group. Although Tesla isn't actively engaged in generative AI, its AI research is focused on full self-driving (FSD) capabilities, which is another worthy endeavor, so I'll give it a pass.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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