Which Dirt Cheap "Magnificent Seven" Stock is a Once-in-a-Decade Buying Opportunity Right Now? (Hint: It's the One You'd Least Expect.)
These stocks soared in recent years.
Overview
In recent years, the "Magnificent Seven" stocks were not cheap. These top tech stocks, each involved to some degree in the booming field of artificial intelligence (AI), soared, even driving gains in the S&P 500. And as this happened, these stocks became pricier and pricier. Investors piled into these companies as they represented a great way to bet on the potential of AI.
Though these hot tech companies have continued to gain, they encountered some turbulence in recent months -- from general concerns about the economy to questions about the strength of the AI growth story -- and all of this has pushed valuations down. So today, the "Magnificent Seven" players aren't as expensive as they once were. In fact, certain ones are even trading at bargain levels.
Details
Among these, which "Magnificent Seven" stock represents a once-in-a-decade buying opportunity right now? Here's a hint: It's the one you'd least expect.
Source
Originally published at www.fool.com.
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