1 Unstoppable Stock Poised to Join Nvidia, Microsoft, Apple and Alphabet in the $2 Trillion Club Within 3 Years

The U.S. economy has a long history of producing the most valuable companies in the world. In 1901, Steel in the United States became the first company to reach a billion-dollar valuation, and 117 years later, in 2018, Apple became the first to cross the $1 trillion threshold.

The iPhone maker also became the first company to surpass the $2 trillion market capitalization. Since then, he has been joined by Nvidia, MicrosoftAnd Alphabet in this ultra-exclusive club.

I believe one additional company may become a member soon. Metaplatforms (NASDAQ:META) continues to deliver strong earnings growth and offers an incredible opportunity in the artificial intelligence (AI) sector. Its stock is currently trading at an all-time high, valuing the company at $1.2 trillion.

Here’s how it could hit the $2 trillion milestone within three years, and if it does, investors who buy Meta stock today could see a 67% gain.

AI is transforming the social media industry

Meta is the parent company of social media platforms Facebook, Instagram and WhatsApp, which attract more than 3.2 billion users every day. Facebook and Instagram have evolved into social networks where users primarily interact with friends and family, but they have been transformed into something completely different in recent years.

For example, half of the content appearing in users’ Instagram feeds is not posted by anyone they know. Instead, Meta developed AI algorithms to find out what users like to see the most, so you can show them more to keep them engaged, even if that content comes from a creator, brand, or other user they’ve never interacted with previously.

Essentially, Facebook and Instagram have evolved from social networks to social entertainment platforms, notably through the Reels short video feature. It seems to be working well, as CEO Mark Zuckerberg told investors last year that AI-curated content feeds were responsible for increased engagement on Facebook and Instagram. The more time users spend on these platforms, the more revenue the company can generate through advertising.

Meta’s foray into AI only continues to intensify

Meta’s AI strategy extends beyond its content feeds. The company developed the world’s most popular open source Large Language Models (LLMs), called Llama, which continue to improve with each iteration. Llama 3 has just been released and the next generation is now in formation.

Meta’s progress will soon accelerate following the recent purchase of 350,000 H100 graphics processing units (GPUs) from Nvidia. These are among the most powerful chips for training AI models, and this deal cost Meta around $9 billion.

Llama 3 already powers Meta AI, a new chatbot that users can access via Facebook, Instagram, WhatsApp and Messenger. It can instantly generate text and images on command, answer complex questions and even join group chats to offer suggestions on a range of topics.

Soon, each brand will have its own AI representative on Meta’s…

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