The Magnificent Seven group of tech stocks, as a whole, may still be fantastic long-term bets. That said, we’ve witnessed a performance discrepancy between the members. And it’s only grown more striking in recent months, with the likes of Nvidia (NASDAQ:NVDA) continuing to blast off while iPhone maker and perceived AI laggard Apple (NASDAQ:AAPL) has mostly sat out the surge in the S&P 500.
Time will tell if Apple and some of the other market-trailing tech titans within the seven have what it takes to pick up the slack. In any case, it’s probably time for a new acronym, especially as the bigger laggards in the cohort risk trailing the broad stock market’s returns in the second half.
In this piece, we’ll check out three proven leaders outside of the Mag Seven that I think are “new market leaders” for growth investors to keep tabs on as they continue down the high road.
This post originally appeared at 24/7 Wall St.