Meet the Supercharged Growth Stock That Could Join Apple, …

1 day ago · A rebounding economy and strong growth should help drive this tech titan to new heights. Meet the Supercharged Growth Stock That Could Join Apple, Nvidia, and Microsoft in …

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Nov 1, 2024 · Meet the Supercharged Growth Stock That Could Join Apple, Nvidia, Microsoft, and Alphabet in the $2 Trillion Club by 2028 Danny Vena, The Motley Fool Fri, Nov 1, 2024, 4:32 …

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Meet the Supercharged Growth Stock That Could Join Apple, Microsoft, and Nvidia in the $2 Trillion Club by 2029 Danny Vena, The Motley Fool Fri, Sep 6, 2024, 4:05 AM 5 min read

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Apple stock has climbed 717% over the past decade, far outpacing the 193% gains of the S&P 500 (as of this writing). However, with its unique spin on AI, Apple could add to its impressive …

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FAQs about Meet the Supercharged Growth Stock That Could Join Apple, … Coupon?

How much will Meta Stock gain in 2024?

Meta currently boasts a market cap of roughly $1.35 trillion, which means it will take stock price gains of roughly 123% to drive its value to $3 trillion. According to Wall Street, Meta is expected to generate revenue of $161.6 billion in 2024, giving it a forward price-to-sales (P/S) ratio of roughly 8.3. ...

Will Mark Zuckerberg invest in meta platforms?

However, CEO Mark Zuckerberg is convinced these investments will bear fruit, ultimately boosting Meta's profits. Given the rebounding ad market, multiple growth drivers, and the tailwinds driving generative AI, it shouldn't take long for Meta Platforms to earn its membership in the $3 trillion club. ...

Will Meta reach a $3 trillion market cap in 2031?

Wall Street is currently forecasting revenue growth for Meta of 14% annually over the next five years. If the company achieves that benchmark, it could achieve a $3 trillion market cap as soon as 2031. It's worth noting that Meta has grown its annual revenue by nearly 1,000% over the past decade, so those expectations could well be conservative. ...

Is meta a good stock to buy at 27 times earnings?

Furthermore, at 27 times earnings, Meta is selling for a discount compared to a multiple of 29 for the S&P 500. That's an attractive price to pay for a company with a dominant market share, strong momentum, and multiple ways to win. ...

What drove Meta's Financial Results?

The financial results were driven by solid user metrics. The number of people who paid daily visits one of Meta's family of social media sites -- which includes Facebook, Instagram, Threads, and WhatsApp -- grew to 3.27 billion, up 7% year over year. ...