JPMorgan Doubles Down: Two ’Magnificent 7’ Stocks Still Worth Betting On

Wall Street’s favorite casino—sorry, ’investment bank’—just flashed a buy signal.

JPMorgan analysts insist two tech titans from the so-called Magnificent 7 still have room to run, despite the sector’s recent volatility. No names dropped yet (classic analyst tease), but the call suggests big money isn’t done chasing mega-cap returns.

Key takeaways:

- The usual suspects: Likely picks from the trillion-dollar club (looking at you, AAPL and NVDA)

- Growth narrative intact: AI hype cycle still printing money for early adopters

- Risk warning: Because nothing says ’stable investment’ like stocks that swing 5% on Elon’s tweet drafts

Bottom line: When the house tells you to keep betting, maybe fold—unless you enjoy playing with other people’s pension funds.

How About Amazon (AMZN)?

As for Amazon, the e-commerce juggernaut delivered solid numbers for the quarter. Top-line revenue came in at $155.7 billion, reflecting an 8.7% year-over-year gain and beating forecasts by $580 million. At the bottom line, the company reported EPS of $1.59, 23 cents above expectations. Amazon’s North American sales, at $92.9 billion, were also up 8% year-over-year, while international sales gained 5% to reach $33.5 billion. According to JPMorgan analyst Doug Anmuth, the company faces challenges, but it has a strong position as a sound foundation to meet those challenges.

“There will be some pushback on AWS growth of 17% in 1Q given recently rising expectations on the back of MSFT results,” the analyst wrote in a recent investor’s note. “But we continue to believe that AWS is capacity constrained, & growth can tick higher in the back half as more supply comes online.”

The biggest reason for the shift in market sentiment for magnificent-7 stocks appears to be connected to the president. Indeed, US President Trump had previously driven a market crash over statements connected to Federal Reserve Chair Jerome Powell. However, he has since walked them back, calming the market significantly. Moreover, he noted that the US is committed to making a new trade deal with China. With both sides engaged in increasing conflict, his assurance emboldened investors. The presence of a new trade deal could reverse the damage his ‘Liberation Day’ tariff plan inflicted on Wall Street.

Throughout 2025, most top stocks have been in the red. However, greener pastures are in the future, in the eyes of many top investment experts.