1 Unstoppable Stock That Could Join Nvidia, Microsoft, Apple, Amazon, Alphabet, and Meta in the $1 Trillion Club
Artificial intelligence (AI) minted its first $1 trillion company last year when Nvidia (NASDAQ: NVDA) stock soared 239%, thanks to unprecedented demand for its AI data center chips. Nvidia continues to create value, and it's now worth $2.2 trillion, making it the third-largest company in the world behind Apple and Microsoft.
The trillion-dollar club is incredibly exclusive, with Amazon, , and Meta Platforms being the only other members. However, another company might be poised to join the ranks within the next decade.
Advanced Micro Devices (NASDAQ: AMD) is an emerging challenger to Nvidia in the market for AI chips. The company is valued at just $270 billion as of this writing, so investors who buy the stock today could see a gain of 270% if it does eventually join the trillion-dollar club. Here's why I think it will.
Source Fool.com
Alphabet Inc. C Stock
With 26 Buy predictions and not a single Sell prediction Alphabet Inc. C is an absolute favorite of our community.
As a result the target price of 165 € shows a positive potential of 20.95% compared to the current price of 136.42 € for Alphabet Inc. C.
