These 2 "Magnificent Seven" Artificial Intelligence (AI) Stocks Are Surprisingly Cheap
The S 500 and the Nasdaq have roared higher in recent times, even reaching records and confirming the presence of a bull market, and a specific group of stocks has been setting the pace. I'm talking about the technology stocks referred to as the "Magnificent Seven" -- a reference to the 1960 Western by the same name. (NASDAQ: GOOG) (NASDAQ: GOOGL), Amazon, Apple, Meta Platforms (NASDAQ: META), Microsoft, Nvidia, and Tesla round out this set of technology winners.
Investors have piled into Magnificent Seven shares for a few reasons. These companies boast solid earnings track records, their future prospects are bright, and many offer a way to bet on the technology everyone is excited about these days -- artificial intelligence (AI).
Now, after gains in the triple and even quadruple digits (in the case of Nvidia) over the past five years, you might expect these stocks to have become extremely expensive. But this isn't the case. In fact, the following two Magnificent Seven AI stocks are surprisingly cheap, offering you a great buying opportunity right now. Let's check them out.
Source Fool.com