Alphabet is the top stock to buy among the "Magnificent Seven" due to growth potential.
Alphabet is currently the best stock to buy among the “Magnificent Seven” companies. It holds top positions in search, video, mobile, cloud computing, AI infrastructure, autonomous vehicles, and quantum computing. Despite concerns about AI disrupting its search business, Alphabet still has significant growth potential in various areas. Additionally, Alphabet’s ad-supported search model and cloud computing business are thriving, with strong revenue growth and operating leverage. The company is also making strides in AI chip technology, autonomous driving, and quantum computing. Trading at a low forward P/E ratio, Alphabet is undervalued and offers substantial upside for long-term investors.
Read more at Nasdaq: Which Is the Best “Magnificent Seven” Stock to Buy Right Now?