Ranking Every "Magnificent Seven" Stock From Most to Least Likely to Double by 2030
Yahoo Finance ·
"The bigger they are, the harder they fall." This adage can sometimes be true with investing. However, in recent years, the biggest stocks have done more hard rising than they have hard falling. Three of the so-called "Magnificent Seven" stocks have more than doubled in the past five years. All seven now have significantly larger market caps than in 2021. Which Magnificent Seven members are most likely to double by 2030? Here's an admittedly speculative ranking of each stock. I think that Nvidia ( NVDA +1.30% ) arguably has the clearest path to doubling over the next four and a half years. That might be at least a little surprising, considering that Nvidia is currently the world's largest company by market cap . However, Nvidia's GPUs remain the gold standard for running artificial intelligence (AI) applications. The company continues to introduce more powerful chips every year. Its market dominance is unlikely to erode anytime soon.
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