Forget Nvidia: These Unstoppable Stocks Are Better Buys
The term "Magnificent Seven" is used to describe Alphabet, Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), Meta Platforms, Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), and Tesla. They are the seven most valuable companies in the Nasdaq Composite (as of Nov. 24), and to say they've had a good year would be an understatement by most measures.
Nvidia has had quite a year. Its stock is up more than 225% this year, far outperforming the Nasdaq Composite's roughly 36% gains. Most of this can be attributed to AI-related hype and how Nvidia fits in the value chain as a market leader in graphics processing units (GPUs) and other technologies.
Despite the attention Nvidia has received this year and the gains its stock has seen, I believe there are three better buys in the Magnificent Seven for long-term investors. Microsoft, Apple, and Amazon all provide a better long-term value proposition than Nvidia because of their diversified (and proven) business models.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 106 Buy predictions and 1 Sell predictions.
With a target price of 420 € there is a slightly positive potential of 7.2% for Microsoft Corp. compared to the current price of 391.8 €.
