Prediction: Nvidia Will Be a $6 Trillion Company Before 2026 Is Over and Its Run Kickstarts This Week
Nvidia isn't that far away from being the first to reach this milestone.
Overview
Nvidia (NASDAQ: NVDA) currently sits around a $5.25 trillion market cap -- a fair bit over second-place Apple at a $4.5 trillion market cap. However, I think this gap will widen quickly, and it all starts this week after Nvidia reports second-quarter earnings on Aug. 26.
After that, I believe that Nvidia's stock will produce a major rally, and lead to it being valued at greater than a $6 trillion valuation by the end of 2026.
Details
That makes it a no-brainer buy before earnings, as that indicates about a 14% upside -- about double what Nvidia's stock has returned so far this year. Nvidia looks like a smart buy now, and is destined to set new records after Q2 results are available.
Source
Originally published at www.fool.com.