No, not this time. Current undervalued mag 7 are $META and $GOOG.
Same scenario of AI Capex, but MSFT announced their backlog aka RPO (Remaining Performance Obligations)
However, $GOOG didn't announced that. Hence don't be surprised if Goog do another Q2 post ER move, climbing back to 320 or more in a short span of time. I never liked zuck, but he is making very smart moves.
As for Google, yeah i get why investors are worried bout the whole monetisation etc. search slow etc. But seriously, did the fundamentals change? No. We ask AI but remember, your searches goes to Gemini. And I'm actually impressed with Gemini more than co-pilot.
Still, please do your own due diligence. CHEERS
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