There are a number of candidates for 'greatest super stock of all'. It could be any of the Megacaps, Apple, Alphabet, Amazon, Meta Platforms, Microsoft, Nvidia and Tesla, now deservedly known as 'The Magnificent Seven.
The technology revolution has reached the stage where only companies with the deepest pockets and the largest footprints can play the game, which makes ALL of these companies exciting investments.
Similarly, many ETFs like QQQ and QQQ3 have massive exposure to these stocks and should do well accordingly. They are not all trillion dollar plus market cap companies as I write but my guess is that they soon will be. Apple has already briefly topped $3 trillion showing the future for these businesses.
What is extraordinary is how fast these companies are moving. So much is this the case that I increasingly think of their current businesses as like cash cows to fund the next Great Leap Forward. Their spending on research and development is colossal, well on the way to $200bn in 2022; admittedly that includes a massive $73.21bn for Amazon which cannot be pure r&d. It must include hefty spending on content creation for Amazon Prime Video. Nevertheless we are talking a big number and one which is climbing rapidly, funded by the huge cash flows these companies generate from their existing businesses.
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