Prediction: Broadcom Stock Will Be Worth More Than Apple and Microsoft 10 Years From Now
What if the next $5 trillion tech company isn't Apple or Microsoft but the AI infrastructure powerhouse that supplies the entire industry?
Overview
Here is a prediction that will sound outlandish today: A decade from now, Broadcom (NASDAQ: AVGO) will be worth more than both Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT).
At the moment, that looks like a stretch. Broadcom carries a market value of around $1.76 trillion, while Apple sits near $4.9 trillion and Microsoft close to $2.9 trillion. To pass them, Broadcom would have to nearly triple in value while the two giants tread water. I think it could happen, and the reason is that the value in technology is shifting.
Image source: Getty Images.
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Originally published at www.fool.com.
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