Prediction: This Under-the-Radar Tech Stock Will Outperform Nvidia and Apple by 2030
Tech giants Apple (NASDAQ: AAPL) and Nvidia (NASDAQ: NVDA) are on top of the world nowadays. They are the two most valuable stocks on the market, looking back at market-beating returns in the past five years. Apple's total returns delivered a compound average growth rate (CAGR) of 36% in that period. Nvidia soared even higher with a 100% five-year CAGR. The artificial intelligence (AI) boom has been mighty kind to Nvidia's investors.
They achieved these massive gains in a strong era for the general market, but the S&P 500 index looks downright sleepy by comparison:
Source Fool.com
Apple Inc. Stock
€207.10
-0.120%
Currently there is a rather positive sentiment for Apple Inc. with 148 Buy predictions and 17 Sell predictions.
With a target price of 227 € there is a slightly positive potential of 9.61% for Apple Inc. compared to the current price of 207.1 €.
