Tech investor Ray Wang — who owns all Magnificent Seven stocks — laid out his rankings of favored tech plays on Monday. Wang equated the AI expansion to the Amazon 's early e-commerce buildout. Amazon is Wang's second favorite Magnificent Seven pick, followed by pure-play AI beneficiaries Microsoft and Alphabet . Wang also expects the company — along with Alphabet — to benefit from the political advertising season underway. Here's how each Magnificent Seven member is doing year to date: Nvidia: up 182% Amazon: up 22.8% Microsoft: up 10% Alphabet: up 17% Apple: up 22% Tesla: Down 12.4% Meta Platforms: up 61%

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Persons: Ray Wang —, CNBC's, Wang, Tesla, Elon Organizations: Constellation Research, Nvidia, Microsoft, Apple