/Meta%20by%20creativeneko%20via%20Shutterstock.jpg)
The fortunes of the “Magnificent 7” have diverged this year, and three constituents, namely Alphabet (GOOG), Apple (AAPL), and Tesla (TSLA), are in the red, with the Elon Musk-run company losing nearly a quarter of its market capitalization. Amazon (AMZN) shares are barely in the green while Microsoft (MSFT) and Nvidia (NVDA) are up in the mid-teens.
With YTD gains of nearly 23%, Meta Platforms (META) is the best-performing constituent of the group, all of whose members are artificial intelligence (AI) plays in their own right. Earlier this year, I noted that Meta looks like the best AI play among the group. In this article, we’ll analyze whether the Mark Zuckerberg-led company still earns that title.