1 Unstoppable Stock That Could Join Microsoft, Apple, Nvidia, Alphabet, Amazon, and Meta Platforms in the $1 Trillion Club
The list of the world's most prominent companies has undergone a paradigm shift over the past couple of decades, one that has accelerated since early last year. Case in point: In 2004, General Electric and ExxonMobil were the largest companies in the world by market cap, valued at $319 billion and $283 billion, respectively.
Now, just 20 years later, technology is king of the hill. Earlier this year, Microsoft became the world's most valuable company, boasting a market cap of $3.2 trillion, dethroning Apple, currently worth $2.9 trillion. Nvidia's market cap has surged to $2.3 trillion, pushing it past , Amazon, and Meta Platforms, which sport market caps of between $1.2 trillion and $2.2 trillion.
Eagle-eyed investors will have spotted the common theme that sets these tech titans apart -- they're all leaders in the field of artificial intelligence (AI).
Source Fool.com
Alphabet Inc. C Stock
The stock is an absolute favorite of our community with 27 Buy predictions and no Sell predictions.
With a target price of 170 € there is a slightly positive potential of 6.93% for Alphabet Inc. C compared to the current price of 158.98 €.
