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It can be safely said that the superclub of Nvidia (NVDA), Microsoft (MSFT), Meta (META), Amazon (AMZN), Tesla (TSLA), Alphabet (GOOGL) (GOOG), and Apple (AAPL), called the “Magnificent Seven” or “Mag 7,” has attracted the bulk of the investor money in the AI megatrend. This can be gauged from the fact that the Roundhill Magnificent Seven ETF (MAGS) has outperformed the S&P 500 ($SPX) on a year-to-date (YTD) basis, with its shares up 19.8% against the index's rise of 14.1%.
However, there is a clamor for including another stock in this powerful cohort.