The S&P 500 index has roared higher over the past 16 months, rebounding from its bear market low to reach record levels -- and confirm a new bull market. And the movement has been led by one group of stocks in particular. Dubbed the "Magnificent Seven" in reference to the 1960 Western, these players are technology stocks, and each one is a leader in its specialty area.

Some investors may worry that after these gains, it's too late to get in on these stock market stars. The concern is they may have become too expensive and are ready to stagnate or fall. But a stock with spectacular momentum still could have plenty of room to run if the company has strong long-term prospects. And that's the case of some of today's top-performing stocks. Let's check out two Magnificent Seven companies to buy hand over fist right now.

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