DailyBubble News
DailyBubble News

Here’s the Best “Magnificent Seven” Stock to Buy in April, According to Wall Street

April showers bring May flowers, but could they also bring a great opportunity to invest in high-profile mega-cap growth stocks? Analysts seem to think so, as they remain bullish about several of the so-called “Magnificent Seven” stocks.

While some members of the Magnificent Seven have seen impressive gains over the past year, such as Meta Platforms, Nvidia, Microsoft, and Tesla, analysts believe that their momentum may start to slow down. On the other hand, Amazon, Alphabet, and Apple are the top contenders, with Wall Street favoring them as the best stocks to buy in April.

Amazon has been the biggest winner of the three, with its shares soaring over 80% in the last 12 months. Analysts see potential for more growth, with the consensus price target nearly 7% above the current share price. Google parent Alphabet is also seen as a strong contender, with a potential 8% rise in its stock price.

Surprisingly, analysts view Apple as the best Magnificent Seven stock to buy in April. Despite its lagging stock performance over the past year, there is optimism about the company’s future, especially with its upcoming AI strategy reveal at the developer conference in June.

While it’s important to take analysts’ price targets with a grain of salt, there is a sense that Apple could see a rise in its share price in the coming months. DailyBubble believes that Apple’s potential AI strategy could be a game-changer for the company, making it a more attractive investment option.

In conclusion, while the Magnificent Seven stocks have already seen significant gains, there is still room for growth in some of them. DailyBubble sees Apple as a promising investment choice, especially with its upcoming AI strategy announcement. It will be interesting to see how these stocks perform in the months ahead.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x