For much of last year, many investors feared the onset of a recession. But the decision by the Federal Reserve Bank to pause its interest rate increases has many on Wall Street now calling for a so-called soft landing -- or getting inflation under control without causing a recession.

There's more good news. While the Nasdaq Composite has already gained 43% so far this year (as of market close on Thursday), history suggests there's more to come. Over the past 51 years, in the year following a market recovery, the Nasdaq has surged an additional 19% on average, which suggests there's likely more gains to come.

Leading the pack this year have been the so-called Magnificent Seven stocks. Each has deep ties to artificial intelligence (AI) and all have outpaced the broader market by a country mile:

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Source Fool.com