2 Magnificent Seven Stocks that are Screaming Buys Today
By the end of last year, Magnificent Seven stocks may have seemed out of reach for many investors. These top technology players saw their shares surge -- and they even led gains in the S&P 500 index -- on optimism about the ability of artificial intelligence (AI) to revolutionize business and our daily lives. The Magnificent Seven players have been aggressively investing in AI, and many of them are leaders in the field, generating billions of dollars in revenue from the technology.But in recent weeks, these leading tech companies have seen their shares decline amid concerns about spending in a potentially difficult economy. President Donald Trump announced a plan for tariffs on imports -- and the concern is that will lead to higher prices on a wide variety of goods and eventually that situation will weigh on the consumer's wallet and corporate earnings.This is a near-term risk, but it's important to remember that many well-established companies have what it takes to manage headwinds and grow over the long term. That's why now is the perfect time to go bargaining hunting, picking out quality stocks trading at low valuations after these recent declines. With that in mind, here are two Magnificent Seven stocks that are screaming buys right now.Continue reading
By the end of last year, Magnificent Seven stocks may have seemed out of reach for many investors. These top technology players saw their shares surge -- and they even led gains in the S&P 500 index -- on optimism about the ability of artificial intelligence (AI) to revolutionize business and our daily lives. The Magnificent Seven players have been aggressively investing in AI, and many of them are leaders in the field, generating billions of dollars in revenue from the technology.
But in recent weeks, these leading tech companies have seen their shares decline amid concerns about spending in a potentially difficult economy. President Donald Trump announced a plan for tariffs on imports -- and the concern is that will lead to higher prices on a wide variety of goods and eventually that situation will weigh on the consumer's wallet and corporate earnings.
This is a near-term risk, but it's important to remember that many well-established companies have what it takes to manage headwinds and grow over the long term. That's why now is the perfect time to go bargaining hunting, picking out quality stocks trading at low valuations after these recent declines. With that in mind, here are two Magnificent Seven stocks that are screaming buys right now.
