Prediction: This Stock Will Top $5 Trillion Before Apple
No company on the planet commands a greater market cap than (NASDAQ: AAPL) right now. Only three years ago, the iPhone maker was valued below $1 trillion. Today, its market cap stands at $2.85 trillion.
At its current pace, Apple appears to be a lock to reach $5 trillion in market cap within the next few years. But don't be surprised if it's not the first company to hit that milestone level. I predict that another stock will top $5 trillion before Apple does.
Nvidia flirted with the $1 trillion level, but there are currently only four stocks other than Apple with market caps above the $1 trillion. Two of them -- Alphabet and Amazon -- would have to grow much faster than they have recently to reach $5 trillion first.
Source Fool.com
Apple Inc. Stock
€202.30
-1.290%
Our community is currently high on Apple Inc. with 102 Buy predictions and 8 Sell predictions.
As a result the target price of 210 € shows a slightly positive potential of 3.81% compared to the current price of 202.3 € for Apple Inc..
