Prediction: These "Magnificent Seven" Stocks Will Remain Excellent AI Buys, Despite the Sell-Off
Artificial intelligence (AI) has captivated investors since ChatGPT burst onto the scene with its viral popularity in early 2023. Since then, big technology companies, often called the "Magnificent Seven" stocks, have duked it out with massive AI investments and rising growth expectations that carried the broader stock market to new highs.
Lately, however, volatility crept back into the markets, and many of these highfliers have sold off from their highs.
Remember that volatility is a feature of investing, not a bug. Nobody knows what stock prices will do in the short term, but the sell-off could be a great long-term buying opportunity for the right stocks.
Source Fool.com