3 Artificial Intelligence (AI) Stocks Ripe to Be One of the Next "Magnificent Seven"
How important was the so-called "Magnificent Seven" in 2023? Well, according to S Senior Index Analyst Howard Silverblatt, it was very important. Consider this: The Magnificent Seven -- Apple, Nvidia, Amazon, Microsoft, , Meta Platforms, and Tesla -- accounted for more than 60% of the S 500's total return of 26%. Indeed, if those seven stocks were excluded, the index would have only returned 7.6%, making 2023 a below-average year for the benchmark index.
Yet, as important as the Magnificent Seven may be, investors shouldn't get tunnel vision; there are many other stocks worthy of their attention. Let's have a look at three such names.
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Source Fool.com
Alphabet Inc. A Stock
€153.82
-0.320%
With 92 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 177 € there is a slightly positive potential of 15.07% for Alphabet Inc. A compared to the current price of 153.82 €.
