92 Billion Reasons Amazon Can Become the Largest Publicly Traded Company by 2027
One of the few guarantees Wall Street offers investors is change. Throughout history, the combination of innovation, competitive forces, legal decisions, and acquisitions has consistently fueled change atop Wall Street's leaderboard.
In 1980, eight of the top 10 largest publicly traded companies in the U.S. were in the oil and gas, automotive, or chemical industries. As of 2024, none of these 10 companies remained in the top 10 by market cap. In fact, only one of the top 10 public companies by market cap ( (NASDAQ: MSFT)) as recently as 2000 is still a top-10 company just 24 years later.
Amazon has a real path to become the most valuable company. Image source: Amazon.
Source Fool.com
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