The "Magnificent Seven" Ranked From Best to Worst Quarterly Performance -- and Which Ones Are the Best Buys Right Now

Yahoo Finance ·

The "Magnificent Seven" stocks have led the S&P 500' s gains throughout this bull market, helping the index climb 78% over the past three calendar years. This has been amid excitement about artificial intelligence (AI), a technology seen as game-changing for its ability to revamp how business is done and how daily life is organized. Each of these tech giants is involved in AI to some degree and clearly could benefit as the AI story unfolds. Amid various headwinds, from geopolitical to general worries about AI spending, these players didn't soar in the first quarter of the year -- but the second quarter was a better period for most, even if they didn't replicate the extraordinary performance delivered in recent years. Now, as the second half of the year begins, it's the perfect time to examine the performance of the "Magnificent Seven" stocks in the recent quarter -- and consider which ones are the best buys. Let's get started. So, first, a quick note about these companies. Investors started calling them the "Magnificent Seven" a few years ago in reference to the 1960 Western. Like the main characters in the film, they're tough and can get the job -- in this case, technology -- done. Each of these companies has built a track record of earnings growth, is a leader in its specialty area, and has solid long-term prospects.

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