Is Alphabet the Best "Magnificent Seven" AI Stock?
Key takeaways
- Tesla trades at well over 100 times forward earnings, even as it fights its way through a hard stretch in autos.
- But if you could only add one of them today, which deserves the money?
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
NVDA GOOG AAPL TSLA AMZN The "Magnificent Seven" -- Nvidia, Apple, Microsoft, Amazon, Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), Meta Platforms, and Tesla -- have carried the market for three years now, and most investors own at least one of them whether they meant to or not (thanks to index funds). But the seven have drifted far apart. Tesla trades at well over 100 times forward earnings, even as it fights its way through a hard stretch in autos. Nvidia, meanwhile, is valued more conservatively and sits at the center of the artificial intelligence (AI) build-out. And Apple is building momentum in both its business and its stock over the last year.
But if you could only add one of them today, which deserves the money?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »