The "Magnificent Seven" refers to seven of the largest tech-focused companies by market capitalization -- Nvidia, Microsoft, Apple, Amazon, Alphabet (GOOG 1.74%) (GOOGL 1.69%), Meta Platforms, and Tesla.
Read MoreBoth Palantir Technologies (PLTR 1.02%) and Alphabet (GOOGL 1.69%) (GOOG 1.74%) plan to capitalize on the artificial intelligence revolution, and already have to a certain extent. But their stocks have been on very different paths this year.
Read MoreApple (AAPL -0.17%) has been one of the most popular stocks in the market for a decade, and many investors have called it a foundational stock that every investor must own. I'm not a huge fan of Apple's stock, and I believe there are far greater choices than Apple to add to a portfolio.
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