FOOL
This Stock Posted the Best Performance in the “Magnificent Seven” in September. (Hint: It’s Not Nvidia.)
• Nvidia led AI rally but lagged in 2026, while Meta surged 26% in September.
• Meta’s new AI agent Muse topped ChatGPT in downloads and app rankings.
• Despite valuation rising to 23x earnings, Meta remains a long-term buy.
Nvidia dominated AI chips, yet Meta Platforms (META) posted the best September return among the Magnificent Seven, climbing 26%. The surge followed the launch of Meta’s Muse AI agent, which quickly overtook ChatGPT as the top free iOS app in the U.S. Meta’s vast ad business funds heavy AI spending, positioning it for future monetization via subscriptions. Shares now trade at 23x forward earnings—up from 18x—but still look reasonable given its scale and AI progress, making META a compelling long-term holding.
October 3, 2026 at 1:10 PMAAPLMETA