Nasdaq Composite Index Correction
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heavy Nasdaq Composite indexThe Motley Fool
•Business
Business & Economics
Nasdaq Correction: The Best Magnificent Seven Stock to Buy on the Dip Right Now
81% Informative
Of these seven all-star companies, one ultra-safe name looks like the best of the bunch at this opportune moment.
Microsoft is one of just a few companies vying for artificial intelligence (AI) supremacy.
Microsoft stock now trades at 31.5 times trailing earnings, toward the lower end of its range over the past five years .
Microsoft may mitigate a key concern investors have about the escalating costs of AI .
To date, Microsoft has been a particularly big spender on AI chips relative to its rivals.
Microsoft has not yet scaled up its custom AI chip (XPU) business.
CEO Satya Nadella said in late 2024 that Microsoft won't be "chip constrained" by the middle of this year like it was last year .
VR Score
81
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80
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42
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