"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. Over the trailing decade, all seven of these industry leaders have, at a minimum, more than doubled the 258% cumulative return of the S&P 500."
"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."
"While Meta's latest operating results highlight several reasons why it makes for a phenomenal long-term investment, it should be noted that the company's board missed a golden opportunity to further ignite retail investor interest in its stock."
Over the last three years, the Magnificent Seven have driven much of Wall Street's gains, aided by trends such as the rise of artificial intelligence and quantum computing. The Magnificent Seven represent seven of the most influential companies and account for more than half of all publicly traded stocks that have ever reached trillion-dollar market caps. Over the trailing decade, each of these companies has at minimum more than doubled the S&P 500's 258% cumulative return. Meta Platforms recorded a 539% aggregate trailing 10-year return, led Magnificent Seven performance through January after strong fourth-quarter results, and maintains a sustainable social-media moat and a pristine balance sheet. The company's board recently bypassed an opportunity to better engage retail investors.
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