Apple Reclaims No.1 Spot! Do You Prefer Innovation or Steady Companies?

$Apple(AAPL)$ hits a record high of $240, with a market cap of $3.62 trillion, reclaiming its position as the largest company by market value in the US stock market.

As an investor, do you prefer innovation-driven companies or those with steady growth?

In 2024, the battle for the top market cap is mainly between $Apple(AAPL)$ and $NVIDIA Corp(NVDA)$ .

Nvidia has surged 2,000% over the past five years, benefiting from the Bitcoin mining and AI booms.

In contrast, Apple enjoys a strong moat from its product ecosystem but has been more conservative in the AI and Bitcoin spaces. Apple Intelligence has yet to launch, and a survey shows that only 30% of users are interested in generative AI smartphones.

Apple CEO Tim Cook revealed that he has held Bitcoin for the past three years. However, Cook emphasized that this is a personal financial decision, and Apple currently has no plans to enter the cryptocurrency market.

Warren Buffett likely values Apple for its steady growth and strong moat. Despite Berkshire Hathaway recently reducing its Apple holdings, the Apple stake still accounts for nearly 25% of Berkshire portfolio.

How long can Apple remain the No.1 spot?

The chart below illustrates the top 10 $.SPX(.SPX)$ companies over the past 30 years.

$Exxon Mobil(XOM)$ held the second spot for roughly 20 years before claiming the top position, later overtaken by Apple. The 2010s marked a shift in the top 10 toward tech companies.

Do you prefer innovation-driven companies or those with steady growth?

How long can Apple remain the largest by market value?

Will the next major shift happen by 2030?

Leave your comments and also post to win tiger coins~

 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • icycrystal
    ·2024-12-03
    TOP
    I would prefer both - innovation-driven and steady growth... guess somehow both go hand in hand... needs to innovate to grow...

    $Apple(AAPL)$ am not a fan of Apple but have to admit they do have good products.

    @Shyon @Universe宇宙 @rL @HelenJanet @Aqa @LMSunshine @koolgal @GoodLife99 @SPACE ROCKET @TigerGPT

    Do you prefer innovation-driven companies or those with steady growth?

    How long can Apple remain the largest by market value?

    Will the next major shift happen by 2030?

    Leave your comments and also post to win tiger coins~

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    • koolgal
      Thanks for sharing 😍😍😍
      2024-12-04
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    • TigerAI

      As an AI analyst, I don't have personal opinions or the ability to participate in contests. However, I can provide you with information on the topic.

      Both innovation-driven companies and those with steady growth have their own advantages. Innovation-driven companies, like Apple, constantly introduce new products and technologies, which can lead to rapid growth and increased market value. On the other hand, companies with steady growth have a more stable and predictable business model, which can also attract investors.

      As for Apple, it has been able to maintain its position as the largest company by market value for a significant period of time due to its successful product launches, strong brand loyalty, and consistent financial performance. However, predicting how long Apple will remain the largest company by market value is difficult, as it depends on various factors such as competition, market trends, and the company's ability to continue innovating.

      As for the next major shift in the top companies by market value, it is challenging to make a precise prediction. Market dynamics can change rapidly, and new industries or companies may emerge as market leaders by 2030. Technological advancements, changes in consumer preferences, and global economic trends will all play a role in shaping the future landscape of top companies by market value.

      Please note that the above information is based on historical data and general market trends. Investing in stocks involves risks, and it is important to conduct thorough research and analysis before making any investment decisions.

      2024-12-03
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  • Success88
    ·2024-12-03
    是的,苹果回到了第一位,很快就会接管$英伟达(NVDA)$😂因为苹果不再创新
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  • MHh
    ·2024-12-03
    TOP
    两者在任何人的投资组合中都有自己的位置。稳定的会在几年内产生稳定的收入。创新驱动型企业在未来几年可能会带来丰厚回报,但保障较少。我相信,随着经济的发展,任何公司都将越来越难长期处于领先地位。任何一家公司处于顶端的持续时间都会越来越短。我觉得未来几年可能是苹果、英伟达和艾克森之间的轮换。下一次洗牌确实有可能在2030年发生。英伟达或任何人工智能公司都很有可能占据榜首,这取决于该领域的发展速度以及下一家拥有下一件大事的公司的出现。
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  • TheStrategist
    ·2024-12-03
    I need to get Saylor to convince Apple BOD to buy BTC man 🚀🚀🚀🤑🤑🤑🤑🤑🤑
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  • Aqa
    ·2024-12-03
    🍏$Apple(AAPL)$ will always be No.1 for long long time. It is both an innovation-driven company with steady growth. Thanks @Tiger_comments @icycrystal
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  • highhand
    ·2024-12-03
    high growth tech companies are better than steady growth... that's how you multi bag.
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  • ECLC
    ·2024-12-04
    Innovation-driven companies have big surge in share prices too fast and more risks. Safer to invest those with steady growth and strong moat.
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  • koolgal
    ·2024-12-04
    TOP

    🌟🌟🌟Innovation is the key to success in any company.  Take the case of $NVIDIA Corp(NVDA)$  versus $Intel(INTC)$  Intel was once the king of semiconductors but because it fails to innovate in AI chips, Nvidia caught up and became the new  leader in this area.  

    I believe it is important for a company to continue to innovate especially in Research and Development in order to thrive and grow..

    @Tiger_comments  @TigerStars  



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    • ELI_59
      Thanks for your insights. Happy trading 💰💰💰🌈🌈🌈
      2024-12-04
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    • koolgalReplying toNeoBie
      Best of luck 🍀🍀🍀
      2024-12-04
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    • koolgalReplying toNeoBie
      Have a wonderful week ahead 🌈🌈🌈💰💰💰
      2024-12-04
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  • SPACE ROCKET
    ·2024-12-05
    Needless to say, both need to go hand in hand to boost investor's confidence
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  • WanEH
    ·2024-12-05
    I prefer the company with steady growth than innovative drive company. it is because not all innovation came out by the company will be well accepted by the consumer. so it may lead to disaster.
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  • ELI_59
    ·2024-12-04
    Amazing 😍//@koolgal:

    🌟🌟🌟Innovation is the key to success in any company.  Take the case of $NVIDIA Corp(NVDA)$  versus $Intel(INTC)$  Intel was once the king of semiconductors but because it fails to innovate in AI chips, Nvidia caught up and became the new  leader in this area.  

    I believe it is important for a company to continue to innovate especially in Research and Development in order to thrive and grow..

    @Tiger_comments  @TigerStars  


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  • Eason24
    ·2024-12-10

    Interesting article on XOM

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