Among the Magnificent Seven stocks to buy and watch, Apple, Nvidia and Tesla stock are in new buy areas.
After getting banished from this exclusive list of long-term leaders, Copart returns and pops back into buy range.
The Nasdaq reached a record high close on Thursday for the first time in over two years, its latest rally propelled by investor optimism about artificial intelligence, particularly Nvidia and other heavyweight tech stocks. The Nasdaq advanced 144.18 points, or 0.90%, to 16,091.92, beating its Nov. 19, 2021 record high close of 16,057.44. Investor euphoria around AI has made Nvidia Wall Street's most widely traded company, replacing Tesla .