28.11.2024 09:45:00

Prediction: This Hypergrowth Stock Will Be the First $10 Trillion Stock (Hint: It's Not Nvidia)

Three stocks have now reached market capitalizations of $3 trillion: Apple, Microsoft, and most recently Nvidia. Earnings growth across the technology sector has been phenomenal in the last decade-plus, leading investors to get increasingly enthusiastic about these stocks. Most recently, innovations in artificial intelligence (AI) have further spurred on these shareholder gains.Investors have seen stocks continuously surpass trillion-dollar market cap thresholds. But what about $10 trillion? I think there is one stock primed to achieve this milestone before anyone else, and it isn't one of the three companies mentioned above.Amazon (NASDAQ: AMZN) can be the first stock to reach a market cap of $10 trillion and will be the most valuable company in the world once again. Here's why.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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