Prediction: This Unstoppable Stock Will Join Nvidia, Microsoft, Apple, and Alphabet in the $3 Trillion Club Before 2028
The U.S. economy has undergone a paradigm shift over the past two decades. In 2005, the two largest publicly traded companies in the U.S., when measured by market cap, were energy giant ExxonMobil at $392 billion and industrial bellwether General Electric worth $375 billion. Now, just 20 years later, technology companies spearheading advances in artificial intelligence (AI) rule the roost.
Four household names top the list. AI chipmaker Nvidia is the frontrunner at $4.5 trillion (as of this writing), regularly climbing to new heights. Cloud and software provider takes up second place, worth $3.9 trillion. iPhone maker Apple is nipping at Microsoft's heels at $3.8 trillion, and search pioneer rounds out the top four at $3 trillion.
With a market cap of nearly $2.4 trillion, it seems almost a foregone conclusion that Amazon (NASDAQ: AMZN) will soon join the fold. The company has numerous growth drivers that continue to defy detractors, and the vast opportunity represented by AI will likely take the company over the finish line into the $3 trillion club.
Source Fool.com
Microsoft Corp. Stock
Currently there is a rather positive sentiment for Microsoft Corp. with 157 Buy predictions and 6 Sell predictions.
As a result the target price of 505 € shows a positive potential of 40.59% compared to the current price of 359.2 € for Microsoft Corp..
