Prediction: This "Magnificent Seven" Stock Will Be the Most Valuable Company in the World in 10 Years
This company stands to benefit from the advances in artificial intelligence more than any other business.
If you looked at a list of the world's 20 most valuable companies from a decade ago, you'd notice several familiar names: Apple, Microsoft, Google (now Alphabet), and Berkshire Hathaway all made the list back then.
But as much as things have stayed the same, there's also been considerable turnover and movement in the ranks. Wells Fargo and Novartis have fallen way down the list over the last decade. Nvidia had only recently climbed out of the mid-cap stock range in 2015, but soared into the top 10 in 2021.
All this is to say a lot can change in 10 years. And I believe one "Magnificent Seven" company that's bringing up the rear in that group today is also the one that's best positioned to become the world's most valuable company within the next decade.
