2 "Magnificent Seven" AI Stocks to Buy on the Dip
Artificial intelligence (AI) might be the best investment opportunity in years, perhaps in decades. According to Amazon CEO Andy Jassy, "Generative AI may be the largest technology transformation since the cloud (which itself, is still in the early stages), and perhaps since the internet."Wall Street has taken notice: Many AI, or AI-adjacent companies, have been on fire for the past two years, but they recently collectively took a bit of a dive due to industry-specific issues. Earlier this year, a China-based company called DeepSeek developed an AI chatbot with far less money and resources than some of the leaders in the field, which rocked the industry. Market wide headwinds have also played a key role in the recent dip. President Trump's trade wars could impact businesses across various sectors and harm economic activity.Though these headwinds are genuine, the recent drop represents a good opportunity to purchase shares of top AI stocks on a slight dip, at least for those with excellent prospects. That's the case with Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT). These two are part of the so-called "Magnificent Seven" and are still excellent buy-and-hold options even with market caps near $3 trillion.Continue reading
Artificial intelligence (AI) might be the best investment opportunity in years, perhaps in decades. According to Amazon CEO Andy Jassy, "Generative AI may be the largest technology transformation since the cloud (which itself, is still in the early stages), and perhaps since the internet."
Wall Street has taken notice: Many AI, or AI-adjacent companies, have been on fire for the past two years, but they recently collectively took a bit of a dive due to industry-specific issues. Earlier this year, a China-based company called DeepSeek developed an AI chatbot with far less money and resources than some of the leaders in the field, which rocked the industry. Market wide headwinds have also played a key role in the recent dip. President Trump's trade wars could impact businesses across various sectors and harm economic activity.
Though these headwinds are genuine, the recent drop represents a good opportunity to purchase shares of top AI stocks on a slight dip, at least for those with excellent prospects. That's the case with Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT). These two are part of the so-called "Magnificent Seven" and are still excellent buy-and-hold options even with market caps near $3 trillion.
