Top investor's best 'Magnificent 7' stock to buy right now

After recent earnings seasons from the 'Magnificent 7,' many investors felt confident in the big tech companies showing's. That was until Warren Buffett sold $90B of Apple (AAPL) stock. Yahoo Finance Executive Editor Brian Sozzi spoke with Wind Shift Capital CEO and Founder Bill Blain—aka author of beloved newsletter Morning Porridge—about what tech stocks he has his eyes on now. As a self-described 'appleholic,' Blain shared with surprise that he would now back Facebook (META) since "about 75% of advertising goes through the internet and the firm that controls that best at the moment is Facebook."

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Video transcript

Out of all the magnificent seven stocks that have sold off all these names are generally off their 52 week highs.

Which would you back up on the back up the truck on and why?

Oh, gosh, um, if you'd asked me that last week, I probably would have said Apple because I'm an apple hic.

But when Warren Buffett turned around and dumped the stock, I said he must know something about Dylan out of the whole lot of them, which is the one I'd go for.

Gosh, at the moment, I've got to say it probably be Facebook because the business of advertising is massive and about 75% of advertising goes through, Uh, the Internet and the firm that controls that best at the moment is Facebook.

Do I think Facebook will survive the evolution in advertising that is constantly going on?

No, they will be replaced.

But in the short term, Facebook will be my call.