My 2 Favorite Discount "Magnificent Seven" Stocks to Buy Now
These stocks are winning in the AI boom.
Overview
The "Magnificent Seven" tech stocks led the S&P 500 higher in recent years amid excitement about their involvement in the high-growth field of artificial intelligence (AI). But over the past several months, many of these players have lost some momentum -- and this has brought down their valuations.
For the strongest of companies, I see this as a temporary move as the long-term AI story remains intact. And that means right now is an excellent time to go bargain hunting and pick up shares of my two favorite discount "Magnificent Seven" stocks: Nvidia (NASDAQ: NVDA) and Microsoft (NASDAQ: MSFT).
Image source: The Motley Fool.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.