Prediction: 2 Stocks That'll Be Worth More Than Nvidia 10 Years From Now
AI chip leader Nvidia (NASDAQ: NVDA) has delivered remarkable performance for investors, with a split-adjusted gain of about 2,470% over the past five years as the AI revolution has kicked into high gear. As of this writing, Nvidia is the most valuable publicly traded company in the U.S. stock market, with a market cap of more than $3.7 trillion.
Don't get me wrong. I don't think Nvidia is a bad stock to buy right now. But I do think that after the current wave of AI investment subsides, the days of exponential stock price growth will be in the past and we'll see a period of somewhat muted gains in the tech giant. At about 33 times trailing-12-month sales, it's fair to say that there's a lot of growth priced into the stock at the current valuation. While nobody has a crystal ball that can accurately predict future market caps of companies, I wouldn't be surprised to see Nvidia have a valuation of about $5 trillion a decade from now.
If this is correct, there are several stocks that I believe will surpass the $5 trillion level within the next decade. Here are two in particular I think have a good chance of overtaking the AI chip leader within the next 10 years.
Source Fool.com
