Will Apple Be a $4 Trillion Dollar Stock by 2024?
(NASDAQ: AAPL) became the first publicly traded U.S. company to hit a $1 trillion market cap in August 2018. It also became the first to cross the $2 trillion mark in August 2020, and the first to reach the $3 trillion milestone in January 2022.
Apple's market cap is still hovering near the $3 trillion mark as of this writing, but could it maintain its biennial tradition and hit a $4 trillion market cap by 2024? Let's review its past growth, projected growth rates, and valuations to decide.
Image source: Apple.
Source Fool.com
Apple Inc. Stock
€169.88
-0.720%
Currently there is a rather positive sentiment for Apple Inc. with 78 Buy predictions and 6 Sell predictions.
With a target price of 199 € there is a slightly positive potential of 17.14% for Apple Inc. compared to the current price of 169.88 €.
