The "Magnificent Seven" group of stocks has been a great cohort to own over the past year, and many are still great buys now. But there are only two that I'd consider no-brainer buys, as the rest may be slightly expensive or face various headwinds.

The two that are no-brainer picks right now are Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Amazon (NASDAQ: AMZN). For a number of company-specific reasons, each one has the potential to crush the market in the latter half of 2024 and beyond.

Most of what you hear about Alphabet in the news lately is how it's struggling in the AI race. First, it was beat to the punch when integrating generative AI into a search engine. Then its ChatGPT competitor, Bard (now known as Gemini), answered a question incorrectly during its launch event. Recently, Gemini's image-creation feature created inaccurate images that didn't portray what it was asked for.

Continue reading

Source Fool.com