Will Nvidia Be Worth More Than Apple by 2025?
Shares of Nvidia (NASDAQ: NVDA) and (NASDAQ: AAPL) have been crushing the broader stock market this year, though there is a vast difference in the gains that these two tech giants have delivered so far in 2023.
Apple stock has jumped 42% year to date, easily outpacing the 15% gains delivered by the S 500, and it now boasts a market cap of $2.9 trillion, which makes it the largest company in the world by that metric. Nvidia stock, on the other hand, has nearly tripled in 2023, and the company recently joined the $1 trillion club.
But can Nvidia continue to outperform Apple on the stock market and eclipse the latter's market cap by 2025? Let's find out.
Source Fool.com
Apple Inc. Stock
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As a result the target price of 199 € shows a slightly positive potential of 17.7% compared to the current price of 169.08 € for Apple Inc..