Why Nvidia Stock Could Be Worth More Than Apple in a Decade
Nvidia (NASDAQ: NVDA) has ranked among the best performing stocks in the S&P 500 for the past two years, as its share price skyrocketed 400% over that time period. As a result, Nvidia's market cap sits at $653 billion, making it the largest semiconductor company in the world. Even so, Nvidia still trails Apple's $2.8 trillion valuation by a wide margin, but that could change in the coming decade.
In this Backstage Pass video, recorded on Jan. 4, Motley Fool contributor Jose Najarro explains why Nvidia could be the world's most valuable company 10 years down the road.
Source Fool.com
