Here's the Megacap Monster Stock That Wall Street Is Most Bullish About (Hint: It Isn't Amazon or Nvidia)
A stock really has made it when it breaks the $200 billion market cap threshold. Of the thousands of stocks, only 44 boast megacap valuations.
It probably won't come as a surprise that Wall Street likes most of the megacap stocks. In fact, there's a consensus analyst rating of buy or strong buy for 41 of the 44. But which mega-cap monster stock is Wall Street most bullish about right now?
Let's scratch a couple of names off the list right out of the gate. Nvidia (NASDAQ: NVDA) stands out as an obvious candidate for Wall Street's favorite megacap stock. After all, the company recently delivered stunning growth on surging demand for its graphics processing units (GPUs). Nvidia's share price has more than tripled this year.
Source Fool.com
