Apple iPhone and Google device on desk with data arc, highlighting big tech AI ecosystem stocks. Key Points Alphabet's recent 3.5% pullback from its record high appears more like a routine dip and a higher low, rather than the start of a meaningful dip-buying opportunity. Valuation remains mid-pack among the Magnificent Seven, suggesting limited near-term margin of safety unless shares retrace closer to $300. Strong AI momentum, the Apple–Gemini partnership, and upcoming earnings could keep the stock e ...