Should You Buy the "Magnificent Seven" Laggards in 2026?

Group 1 - The "Magnificent Seven" stocks had mixed performance in 2025, with only Alphabet and Nvidia outperforming the S&P 500, raising concerns about high valuations and AI development factors [1][3][8] - Apple and Amazon were the two major underperformers, significantly impacted by tariffs and trade tensions between the U.S. and China [4][5] - Apple's lack of an AI strategy disappointed investors, while Amazon's substantial $100 billion capital expenditure for AI raised concerns about the return on investment [6][8] Group 2 - Despite underperformance, there is a belief that the Magnificent Seven will benefit from the AI revolution in the long term [8] - Apple's conservative approach to AI capital expenditures became advantageous as investor sentiment shifted away from heavy spending towards the end of the year [9]