If the "Magnificent Seven" Were Recreated, Here's What Stocks I'd Include (Hint: Not SpaceX)
Yahoo Finance ·
The "Magnificent Seven" is a cohort of stocks that includes market leaders, mostly in the tech sector. This group is made up of: This cohort was formed early in the artificial intelligence (AI) build-out, and a lot has changed since then. Although this may be the traditional Magnificent Seven, I think a reformulated Magnificent Seven is likely appropriate. There are two stocks I'd pull out and replace with others more central to the AI build-out. But which two stocks? Let's find out. If you look at the list now, there are basically three stock groups. First, Nvidia is by itself the only computing unit maker. This is a key part of the AI build-out, and I think chipmakers and designers need more exposure, but we'll get to that later. The second group is the AI hyperscalers, which includes Alphabet, Microsoft, Amazon, and Meta Platforms. These four are spending hundreds of billions of dollars on AI data centers and are key facilitators of AI workloads. They have proven their inclusion in the Magnificent Seven, as they have made several major AI investments.
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