Microsoft and Alphabet are top technology stocks with strong growth potential, but Alphabet may be better currently.

From Nasdaq: 2024-07-31 18:26:56

The “Magnificent Seven” stocks dominating headlines are Amazon, Microsoft, Apple, Tesla, Meta Platforms, Alphabet, and Nvidia. Microsoft and Alphabet are leaders in technology, with strong growth potential fueled by AI integration. Microsoft’s recent quarters show solid performance with a 19% increase in Cloud revenue. Alphabet’s dominance in search and advertising has led to a 13.8% increase in revenue. Both companies are rated a “strong buy” on Wall Street, with strong growth prospects in the future. While both are excellent long-term investments, Alphabet may be the better buy currently due to its reasonable valuation.



Read more at Nasdaq: MSFT vs. GOOGL: Which ‘Magnificent Seven’ Stock is the Better Buy?