A term coined by Bank of America analyst Michael Hartnett, the "Magnificent Seven," refers to the seven heavyweights in the S&P 500 index: Microsoft (NASDAQ: MSFT), Apple, Alphabet, Amazon, Tesla, Meta Platforms (NASDAQ: META), and Nvidia. While all of these companies have solid competitive advantages, Meta Platforms and Microsoft seem better prepared to emerge as formidable long-term investments, thanks to the strong monetization potential of their artificial intelligence (AI) offerings and rapidly improving financials.
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