Investors have pushed Microsoft (NASDAQ: MSFT) stock to new highs in recent weeks. If you'd like exposure to some of these industries but are turned off by Microsoft's elevated valuation, there are some good alternatives to consider. Read on for reasons to buy Adobe (NASDAQ: ADBE) and Palo Alto Networks (NASDAQ: PANW), instead.
These two companies could be the best-performing Magnificent Seven stocks through the next bull market and beyond.
If there's one trend that defined 2023 and could define the entire decade, it's artificial intelligence (AI). Nvidia, for example, is riding a massive wave of demand for its graphics processing units (GPUs), which many developers use to train their AI models. Picking a winner in an area with such wide-ranging technology and many competing forces is no easy task.