This "Magnificent Seven" Stock Is Underperforming the Market This Year but Could Prove to Be a Steal of a Deal Right Now
Amazon may prove to be a vastly underrated artificial intelligence (AI) stock to own.
Overview
When investors think of top tech stocks, it's often the "Magnificent Seven" that come to mind. These are the most successful, valuable, and high-profile names in the sector. They have incredible growth prospects while being some of the safer stocks to own for the long haul.
This year, however, has been a bit more challenging for the Magnificent Seven as investors have grown concerned about high spending on tech and artificial intelligence (AI). The spotlight isn't as much on growth as it is on return or investment, specifically when it comes to AI.
Details
There's one stock in the group that stands out the most today, not only for its relatively modest valuation but also because it may have the most upside: Amazon (NASDAQ: AMZN).
Source
Originally published at www.fool.com.