Nvidia Is Officially the Largest Stock in the World. Is the Artificial Intelligence (AI) Giant Still Cheap?
None of 2027's growth is priced into Nvidia's stock.
Nvidia Is Officially the Largest Stock in the World. Is the Artificial Intelligence (AI) Giant Still Cheap?
Overview
Nvidia (NASDAQ: NVDA) is the largest company in the world, and by a large margin. Second-place Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) sits at a $4.5 trillion market cap, while Nvidia hovers around $5.1 trillion. That $600 billion gap is massive, equivalent to the size of Visa.
With Nvidia being the largest company in the world, some investors would consider the stock expensive. However, after breaking down its growth potential and current stock price, I think it's clear that Nvidia's stock is a great bargain here. Although it's already the largest company in the world, Nvidia could easily grow even larger over the next few years.
Image source: The Motley Fool.
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Originally published at www.fool.com.
