Here's why Apple looks like the winner of the tech-stock race to a $1 trillion market cap

Here's why Apple looks like the winner of the tech-stock race to a $1 trillion market cap

5 years ago
Anonymous $2WKDXfy9lA

https://www.cnbc.com/2018/06/04/why-apple-is-tech-stock-that-will-win-race-to-1-trillion-market-cap.html

For the first time ever, investors are waiting for a public company to achieve a market value of $1 trillion — about the gross domestic product of Indonesia. And the winner could come from among the stocks CNBC's Jim Cramer first dubbed the FANGs — Facebook, Amazon, Netflix and Google, now known by its parent company Alphabet. Some investors now prefer to call this group FAANG, adding Apple.

So which tech giant gets to the magical number first? How soon? And what, if anything, might delay or frustrate FAANG companies from hitting the number? Some thinks it's silly that this race has captured the market's imagination. But the answers to these questions can be constructive for investors because they help identify the strengths and weaknesses in each company's shares which have already contributed outsized gains to most stock portfolios in the past few years.