2 "Magnificent Seven" Stocks at All-Time Highs I'd Buy Right Now
@predator007:
Just because a stock is higher than ever doesn't necessarily mean it's expensive.While it's tough to argue that most of the "Magnificent Seven" stocks would be bad long-term investments, there are two in particular that I'd be eager to buy right now. $Amazon.com(AMZN)$ is trading at just 2% below its all-time high, but its profitability is still in the relatively early stages.The other is $Alphabet(GOOG)$ , the parent company of Google. Alphabet actually just reached a fresh all-time high as I'm writing this (on May 16), and its recent results gave investors a lot to smile about.Here's a rundown of why I'd buy both of them right now (I already own Amazon) despite the strong recent performance.