Magnificent Seven stocks have attracted plenty of buzz as investors gravitate toward their vast market share and exceptional returns. Every Magnificent Seven stock has more than doubled over the past five years. These assets have significantly outperformed the market during that time. However, Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) has been a largely underappreciated stock.
The corporation has amassed a $1.75 trillion market cap and is up by 56% over the past year. Still, that gain falls behind most of the Magnificent Seven stocks. New opportunities and a good valuation can help Alphabet gain momentum and accumulate long-term returns for investors. Those catalysts make me bullish on the stock.
Alphabet Has Underperformed the Magnificent Seven
Although the company owns the largest search engine in the world, it’s fallen behind the Magnificent Seven stocks in recent years. These are the…
