Which Stock Is Best after Their Magnificent Earnings?

The so-called Magnificent Seven have pulled the curtain on their earnings results. Though most Magnificent Seven members clocked in some magnificent quarters, there was one EV maker that delivered results that can only be described as less-than-magnificent. In any case, this piece will focus on a trio of Magnificent Seven members (META, AMZN, and MSFT) that stepped up to the plate and swung one out of the ballpark, sparking an impressive rally alongside a wave of analyst price target upgrades.

Therefore, let’s use TipRanks’ Comparison Tool to check in with the three aforementioned stocks that delivered and could continue to do so in the year ahead, thanks in part to a bit of help from their growing stake in artificial intelligence (AI).

Meta Platforms (NASDAQ:META)

Meta Platforms delivered the most impressive quarterly results this earnings season, sparking one of the biggest single-day rallies in the company’s history. Undoubtedly, Meta stock’s more than 20% surge represented the largest-ever single-day market cap gain of $204.5 billion. Put that one in the record books.

With a fresh dividend, AI tailwinds at its back, and the wildcard of its Reality Labs business, many analysts on Wall Street see the red-hot stock climbing even higher as it enters its dividend-paying era. All things considered, I find it hard to be any less bullish following the latest spike.

In fact, Morgan Stanley seems to think Meta is a stock to keep buying after its blowout earnings results. The company’s new AI tools are just one of the drivers that has the bank staying bullish. In a prior piece, I highlighted the potential of ad automation tool Advantage+ and its ability to give the ad business a real shot in the arm.

Just because Meta is maturing, with a dividend to pay (0.44% yield at writing), does not mean it’s steering off the growth track. If anything, Meta may be the most exciting Magnificent Seven member, given how effectively Mark Zuckerberg and his team have turned a…