The search for the top millionaire-maker stocks is always on, for many growth investors. For much of the past two decades, Apple (NASDAQ: AAPL) has been the stock that’s likely minted the most millionaires (though that’s now a debate, given the recent rise of the so-called “Magnificent 7” stocks in the market).
In my view, the tech sector appears disproportionately favorable to investors who are overweight large and mega-cap tech names. These companies have entrenched moats, operate in monopoly-like oligopolies, with a few key players dominating the growth seen in entire sectors. Many of the same underlying catalysts drive these names higher, but for those seeking exposure to the growth potential AI has to offer, Nvidia (NASDAQ: NVDA) is the clear and easy choice as the company with the potential to rival Apple over the long-term in its millionaire-minting ability.
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