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1 analyst thinks Nvidia will be a $10 trillion stock within 5 years. Here’s exactly how that could happen. | 09.12.24

1 analyst thinks Nvidia will be a  trillion stock within 5 years. Here’s exactly how that could happen. | 09.12.24

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1 analyst thinks Nvidia will be a  trillion stock within 5 years. Here’s exactly how that could happen. | 09.12.24

Kaufen / Verkaufen

Just 10 years ago, Nvidia’s (NASDAQ: NVDA) market cap was $11.5 billion. Today, the company is a $3.5 trillion tech giant. The stock has grown to 304 titles in a decade, with much of the growth occurring in the last two years. How big can Nvidia grow? One analyst estimates the stock will be worth $10 trillion within five years. Is this prediction absurdly optimistic? No. Here’s exactly how that could happen. I/O Fund’s Beth Kindig is not a Wall Street analyst. His company, which specializes in technology research and real-time portfolio management, is based in Boulder, Colorado, instead of New York. Kindig has been one of Nvidia’s biggest bulls. In 2021, she predicted that Nvidia would be bigger than Apple within five years. This prediction came true (albeit temporarily) last month. Continue readingMore articles on MotleyFool