Only a Few "Magnificent Seven" Stocks Look Like Buys Right Now. This Is One of Them.

2026-03-27 20:05:00 ET

It has been a difficult stretch for the broader market, and today's sharp sell-off only added to the anxiety. For investors looking at the "Magnificent Seven," the setup is particularly challenging. Many of these tech giants still trade at demanding valuations that leave little room for error -- especially during a period marked by ongoing geopolitical conflict and the persistent uncertainty surrounding artificial intelligence (AI) .

But market pullbacks often create opportunities if you know where to look. Trading at about $199 as of this writing, Amazon (NASDAQ: AMZN) has seen its shares slide in recent weeks amid the broader tech sell-off, and following management's announcement that it will invest about $200 billion in capital expenditures this year. The recent decline puts shares down about 14% year to date, underperforming the S&P 500 .

The hesitation toward the stock is understandable given the sheer scale of the company's massive capital expenditure plans for 2026. However, I think Amazon stock's recent sell-off has gone too far, creating a buying opportunity.

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