◆ NeutralMETANVDAAAPLAMZN

This Stock Posted the Best Performance in the “Magnificent Seven” in September. (Hint: It’s Not Nvidia.)

The Motley Fool·
This Stock Posted the Best Performance in the “Magnificent Seven” in September. (Hint: It’s Not Nvidia.)

Meta Platforms surged 26% in September, the best performer among the Magnificent Seven stocks. The rally was driven by the launch of its Muse AI agent, which achieved 730,000 downloads in five days and briefly became the No. 1 iOS free app in the U.S., surpassing ChatGPT. While the stock's valuation has increased to 23x forward earnings, analysts view it as a reasonable buy given Meta's established advertising business and progress in AI monetization.

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