Nicknamed the "Magnificent Seven" for their significant wealth creation for shareholders over the past decade and the market's generally upbeat view for their future, Nvidia, Apple, Microsoft, (NASDAQ: GOOG) (NASDAQ: GOOGL), Meta Platforms, Amazon, and Tesla are all the rage on Wall Street these days. But with such strong gains from these companies in the rearview mirror, some investors may wonder if some of these stocks have become overvalued. So, it's worth taking some time to consider which ones might have the most potential over the next decade.

While there will likely be more than one major winner in the coming years from this powerhouse group, one stands out as an attractive investment even today: Alphabet. Not only is the Google parent company growing its top line at a robust rate, but its stock trades at a reasonable valuation relative to its underlying financials. Further, its business benefits from a massive war chest of cash.

Let's take a closer look at why Alphabet might be the top Magnificent Seven stock to buy today.

Continue reading

Source Fool.com