"Over the last three years, the bulls have been in firm control on Wall Street. While several can't-miss trends have provided a boost for the broader market, including the rise of artificial intelligence (AI) and the advent of quantum computing, it's the "Magnificent Seven" that have done most of the heavy lifting. The Magnificent Seven represent seven of the most influential companies on Wall Street and account for more than half of all publicly traded stocks to have ever reached the trillion-dollar market cap plateau."
"Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Meta Platforms (NASDAQ: META) is the "worst" performer of the bunch, with an aggregate trailing 10-year return of 539%. However, this social media titan has been crushing the benchmark S&P 500 over the last three years and, following the release of its fourth-quarter operating results, is the top-performing Magnificent Seven stock this year, through the end of January."
The Magnificent Seven have driven Wall Street gains, benefiting from trends like AI and quantum computing and accounting for many trillion-dollar companies. Over the trailing decade, each of the seven has significantly outpaced the S&P 500's cumulative return. Meta Platforms delivered a 539% trailing 10-year return, was the weakest of the seven across that span, yet outperformed peers year-to-date through January after strong fourth-quarter operating results. Meta's sustainable social media moat and strong balance sheet support long-term appeal. The company's board recently missed a chance to further stimulate retail investor interest in the stock.
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