1 "Magnificent Seven" Stock That's a Clear Fintech Powerhouse

Group 1: Core Insights - The fintech industry presents significant investment opportunities, particularly through established companies with strong market positions [1] - Apple has over 1 billion active iPhones globally, providing a substantial distribution advantage for its financial services [2] - Apple Pay, launched in 2014, is available in 89 markets and processes trillions of dollars in annual payment volume [3] Group 2: Financial Services Expansion - The Apple Card, introduced in 2019, has a credit card portfolio valued at $20 billion, recently sold by Goldman Sachs to JPMorgan Chase, highlighting the value of access to Apple customers [4] - Apple offers a savings account linked to the Apple Card, currently yielding 3.65% [4] Group 3: Market Performance - Apple's current market capitalization is $3.6 trillion, with a current stock price of $248.04 [5][6] - The stock has a gross margin of 46.91% and a dividend yield of 0.42%, but is considered expensive, suggesting investors should wait for a price pullback before investing [6]