It's Official -- Nvidia Hit a $4 Trillion Valuation. Here Is the Next "Magnificent Seven" Stock I Think Will Hit a Historical Milestone This Year.

Nvidia recently became the first company in history to reach a market capitalization of $4 trillion. Although shares have retreated a bit, Nvidia still remains the most valuable company in the world as of this writing (July 10).While many of Nvidia's "Magnificent Seven" peers have massive upside, I see Meta Platforms (NASDAQ: META) as next in line to achieve a valuation milestone. With a market capitalization of $1.8 trillion, I think Meta will become the next $2 trillion company by year end.Let's explore how Meta is investing in artificial intelligence (AI) to supercharge its social media empire and tech wearables business. From there, I'll detail how much growth is needed from a valuation perspective in order for Meta to join the likes of Amazon and Alphabet in the $2 trillion club.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool