04.02.2025 17:55:00
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Apple Will Probably Lose Its Market Cap Crown in 2025
The battle to command the largest market cap among U.S. exchange-listed companies is a lot like Game of Thrones. Apple (NASDAQ: AAPL) regained the crown this past summer, after two other "Magnificent Seven" stocks wrestled the market cap leadership title away earlier in 2024.Despite surrendering 12% of its value since hitting an all-time high in the final trading week of 2024, Apple has a comfortable lead at the top right now. Its $3.4 trillion price tag is nearly $400 billion higher than its closest rival to the market cap throne. I would still be shocked if it stays there through the end of this year. Cue the Game of Thrones intro music.Even before taking some shots at the class act of Cupertino, it's a safe bet that it won't be a permanent resident at the top of the market cap heap. Apple was also the leader at the start of 2024 before not one, but two rising companies would be crowned as the new kings of the hill. They are both less than 20% away from Apple now. A bullish catalyst or a whiff of artificial intelligence (AI) dominance can shake up the leaderboard, but let's not talk about them. Let's talk about Apple.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Aktien in diesem Artikel
Apple Inc. | 223,65 | 0,81% |