People often think that a share has to be a small cap to offer really exciting investment potential but that need not be the case. Google was valued at around $25bn when the shares were floated in August 2004. This may seem small beer now but it seemed like a lot at the time. Nobody could have imagined that less than two decades later the business would be valued at $1,587bn.
At the time few would have thought that any company would be valued at over $1.5bn yet Apple, which was then valued at less than $10bn now has a value fast approaching $3 trillion, closely followed by Microsoft at almost $2.5 trillion.
Tesla has been over a trillion dollars and is currently $612bn. Tesla shares are close to $200, a decade ago they were $2.
There is a company, already big, which is coming up fast on the rails and I think is going to overtake all these businesses to become the largest in the world and this represents an incredibly exciting investment opportunity.
To get unique access to stock market news and analysis from Quentin Lumsden, one of London’s leading stock market experts, and to continue reading this article…
Subscribe
With Quentinvest, from as little as 68p per day you’ll learn about successful high performance growth-share investing – and how to apply it to make significant profit for yourself.
Find out more View portfolio performance figures
Already a subscriber?
