Top Seven Stocks Reaching Record Highs That I Would Invest in Today

Amazon.com (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOGL) are two “Magnificent Seven” stocks that are currently trading at all-time highs, but that doesn’t mean they are bad investments. In fact, there are compelling reasons to consider buying both of these tech giants right now.

Amazon’s recent performance has been impressive, with the company’s e-commerce business dominating the market and its cloud services business, AWS, showing strong growth. CEO Andy Jassy’s efforts to improve efficiency are paying off, as evidenced by the company’s tripled operating income in the most recent quarter.

On the other hand, Alphabet, the parent company of Google, is already a highly profitable business with dominant platforms like Google Search, YouTube, and Gmail. While some of its businesses are mature, there is still room for growth in its advertising business and cloud services division.

Both Amazon and Alphabet have strong margins and significant growth potential, making them attractive long-term investments despite their high valuations. Alphabet’s net margin of 26% and Amazon’s strong operating income growth are indicators of their financial strength and potential for future returns.

Investors should not be deterred by the high prices of these stocks, as a high price does not necessarily mean a stock is expensive. With their proven track records and future growth prospects, Amazon and Alphabet could continue to deliver market-beating returns for years to come.

In conclusion, both Amazon and Alphabet are solid investment choices for investors looking for long-term growth and profitability in the tech sector. Consider adding these “Magnificent Seven” stocks to your portfolio for potential future gains.