Should You Forget Nvidia and Buy This Artificial Intelligence (AI) Stock Right Now?
Quick, what's the best-performing Magnificent Seven stock so far this year?If you answered Meta Platforms (NASDAQ: META), you'd be right -- at least as of this writing. As of right now, Meta has generated a year-to-date return of 16.7%, beating out all other Magnificent Seven stocks. Only one other stock -- Microsoft -- boasts a double-digit gain so far this year. Nvidia, the hottest stock of the last five years, has only generated a return of 6% as of this writing.So, is Meta now the best AI stock around? Let's take a closer look.Continue reading
Quick, what's the best-performing Magnificent Seven stock so far this year?
If you answered Meta Platforms (NASDAQ: META), you'd be right -- at least as of this writing. As of right now, Meta has generated a year-to-date return of 16.7%, beating out all other Magnificent Seven stocks. Only one other stock -- Microsoft -- boasts a double-digit gain so far this year. Nvidia, the hottest stock of the last five years, has only generated a return of 6% as of this writing.
So, is Meta now the best AI stock around? Let's take a closer look.
