Down Nearly 20%, This AI Giant Is the Best Bargain "Magnificent Seven" Stock Right Now

Stocks known as the "Magnificent Seven" led market gains last year as investors bet on a potential artificial intelligence (AI) revolution. This group of top tech stocks has been investing heavily in AI, and each member is well positioned to benefit from the AI growth story. I'm talking about Apple, Alphabet, Amazon, Meta Platforms, Microsoft, Nvidia (NASDAQ: NVDA), and Tesla. But in recent times, these once sought-after stocks have been much less popular with investors.As President Trump announced plans to tax imports, investors worried the tariffs, resulting in higher costs, could hurt both the U.S. consumer and U.S. companies. The S&P 500 index fell as much as 15% from the start of the year through its lowest point last month. Stocks across industries have suffered, but companies that rely heavily on production abroad took the biggest hit. And tech stocks are at the top of the list. Though Trump temporarily exempted electronics from tariffs, investors worry that an eventual duty -- regardless of the level -- will represent a headwind.And that's weighed on shares of one of last year's biggest AI winners. This company has seen its stock drop nearly 20% since the start of the year -- and valuation has followed. It's not the very cheapest of the Magnificent Seven, but it actually represents the best bargain right now. Let's find out why.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool