Too many investors to count are talking about the Magnificent Seven tech stocks that have been dominating the S&P 500 (^GSPC). All of these companies have turned their attention to another ever-present topic that has dominated Wall Street this year: AI.
In the latest edition of “”Good Buy or Goodbye,”” Defiance ETFs CEO and CIO Sylvia Jablonski joins Yahoo Finance to wade through the buzz and focus on which companies may have better success than most with artificial intelligence. Jablonski labels Alphabet (GOOG, GOOGL) as a “”Good Buy”” for 3 reasons: It’s cheaper than the other Magnificent Seven stocks, it has a great potential revenue stream from Gemini AI, and has the potential growth of $2 trillion within the next decade.
The stock Jablonski labeled as a “”Goodbye”” was Adobe (ADBE) due to an underwhelming outlook, the fallout from its dropped Figma deal, and the fact that insiders are currently selling off shares.
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