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22.11.2024 09:34:00

Meet the Supercharged Growth Stock That Could Join Apple, Nvidia, and Microsoft in the $3 Trillion Club by 2028.

Once upon a time, it was industrial and energy companies that ruled that roost, but times have changed. In 2004, General Electric and ExxonMobil were the world's most valuable publicly traded companies in terms of market cap, worth $319 billion and $283 billion, respectively. Now, just 20 years later, data is the new oil and technology leaders top the charts.Apple and Nvidia are currently battling for the top spot, with market caps of $3.4 trillion each (as of this writing). Microsoft rounds out the top three, worth $3 trillion.With a market cap of just $2.1 trillion, it might seem to be jumping the gun to suggest that Amazon (NASDAQ: AMZN) has all the makings of a future member of the $3 trillion club. However, the stock has gained 39% over the past 12 months and 132% over the past five years, so it seems its admission is merely a matter of time.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Apple Inc. 220,20 0,85% Apple Inc.
Microsoft Corp. 396,35 0,46% Microsoft Corp.
NVIDIA Corp. 137,52 -1,87% NVIDIA Corp.