The Cheapest "Magnificent Seven" Stock Looks Like a Long-Term Buy Right Now

Back in 2023, a Bank of America analyst named Michael Hartnett coined a new phrase to describe a group of leading tech companies that were driving the action in the U.S. stock market: the "Magnificent Seven." The group's components are:Those are seven of the 10 largest companies in the world, so understanding how this cohort is trading can help retail investors judge the overall health of the market.Due to the momentum of the artificial intelligence (AI) segment this year, some of these stocks have gotten a bit pricey, but one still looks relatively cheap, and I think it could be a great buying opportunity.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool