Bitcoin Has Been a Better Investment Over the Past 5 Years Than All but 1 of the "Magnificient Seven" Stocks
The "Magnificent Seven" stocks have garnered a lot of attention over the past year as investors have become captivated with tech and growth stocks again. And there's good reason to be excited because these stocks make up the best and brightest of the market.
They also stand to benefit significantly from the emergence of artificial intelligence (AI). The Magnificent Seven are , Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla.
But as great as those tech stocks have been over the years, Bitcoin (CRYPTO: BTC) has still largely been the better investment over the past five years. During that time frame, it has generated impressive returns of more than 1,500%. And only one of the Magnificent Seven stocks has performed better over that stretch.
Source Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 82 Buy predictions and no Sell predictions.
As a result the target price of 170 € shows a slightly positive potential of 4.72% compared to the current price of 162.34 € for Alphabet Inc. A.