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valuable companiesThe Motley Fool
•79% Informative
Eight of the world's most valuable companies hail from the halls of technology.
Microsoft and Apple are engaged in an epic battle for the title of the most valuable company.
With a market cap of roughly $851 billion , Broadcom recently joined the top 10 .
The company enjoys a unique position in the AI infrastructure, and the prevailing secular tailwinds could propel it to membership sooner than later.
Broadcom's stock has gained 2,480% over the past decade , compared to just 182% for the S&P.
Given the breadth of the company's reach across the AI ecosystem and the vast opportunity at hand, I'd suggest the premium multiple is justified.
Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 830,777 !.
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