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stocksThe Motley Fool
•81% Informative
In 2004 , General Electric and ExxonMobil were the world's most valuable publicly traded companies in terms of market cap.
Apple and Nvidia are currently battling for the top spot, with market caps of $3.4 trillion each.
With a market cap of just $2.1 trillion , it might seem to be jumping the gun to suggest that Amazon has all the makings of a future member of the $3 trillion club.
The economy, it appears, in finally on the mend, which will likely fuel Amazon 's growth.
Amazon would have to grow its revenue to support a $3 trillion market cap.
Wall Street is currently forecasting revenue growth for Amazon of 11% annually over the next five years .
Amazon has grown its revenue by roughly 442% over the past decade .
Amazon is currently selling for roughly 3.4 times sales, which is comparable to its average multiple of 3.3 .
VR Score
81
Informative language
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English
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