Alphabet emerges as top tech stock, climbing 12% due to potential collaboration with Apple

From Nasdaq: 2024-04-07 07:45:00

Bank of America analyst Michael Hartnett coined the term “Magnificent Seven” to describe top tech companies leading the market rally in 2023. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) emerged as the hottest Magnificent Seven stock, climbing over 12% in the last month after news of potential collaboration with Apple on AI. Despite competition, Alphabet remains a good value with room for growth and innovative opportunities. Investors should consider its compelling long-term prospects amidst skepticism.



Read more at Nasdaq: Meet the Best-Performing “Magnificent Seven” Stock Over the Last Month (Hint: It’s Not Nvidia)