Alphabet isn’t just the best-performing Magnificent Seven stock today; It is the best action of the group so far this year.
Alphabet shares, which rose 6.2% on Monday, are up 68% this year.
At $3.825 trillion, Alphabet is less than 5% away from a $4 trillion market cap, according to Dow Jones Market Data. It’s also $228 billion shy of Apple’s market capitalization. It is the narrowest margin between the two companies’ valuations since October 30, 2019.