NVDA - Better Megacap Stock: Nvidia vs. Microsoft
2024-07-07 08:44:00 ET
Let's face it: 2024 has been all about the megacaps. Nvidia (NASDAQ: NVDA) is up 147% year to date ; Meta Platforms is up 44% ; Alphabet is up 33%.
Moreover, Nvidia , Apple, Microsoft, Amazon, Alphabet , and Meta Platforms now boast a combined market cap of $15.6 trillion. That's roughly equivalent to the size of the Eurozone economy, which has an annual gross domestic product of $15.4 billion, according to the latest estimates from the World Bank.
So, let's compare two of the best megacaps, Nvidia and Microsoft (NASDAQ: MSFT) , to see which is better positioned to rule the second half of 2024 -- and beyond.
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Better Megacap Stock: Nvidia vs. Microsoft