Is This AI Stock a Better Bargain Than the Magnificent Seven?
The Magnificent Seven technology stocks soared in recent years, leading gains in the S&P 500 -- many of them play a major role in artificial intelligence (AI), a technology that has sparked investors' interest. AI has the potential to revamp the way companies operate, and this could lead to cost savings, growth, and innovation.These gains pushed valuations of the Magnificent Seven higher, but over the past few weeks, the market has shifted. Concerns about general economic growth, as well as the rapid pace o ...