Ranking the Best "Magnificent Seven" Stocks to Buy for 2026: Here's My No. 3 Pick

Core Viewpoint - Nvidia is highlighted as one of the best growth stocks to buy for 2026, despite its significant price increase over the past three years [2]. Group 1: Nvidia's Growth Potential - Nvidia has transitioned from being a leader in GPUs for various sectors to deriving most of its income from data centers [4]. - The company is well-positioned to benefit from the surge in artificial intelligence (AI) spending, particularly since early 2023 [5]. - Nvidia's networking revenue has increased by 264% over the past year, surpassing revenue from gaming, AI PCs, professional visualization, and automotive combined [6]. Group 2: Demand and Orders - Demand for Nvidia's GPUs continues to exceed supply, indicating strong growth potential for the future [7]. - Nvidia announced $500 billion in AI chip orders for its Blackwell and upcoming Rubin GPUs, which includes both booked orders and expected revenue through the end of fiscal 2026 [7]. - There is potential for the $500 billion order figure to increase as Nvidia anticipates taking more orders [7]. Group 3: Competitive Landscape - Despite competition from companies like Broadcom and AMD, Nvidia's growth story remains intact, with sufficient market opportunity for continued earnings growth [8].