Projected Titans: 3 Stocks Poised to Eclipse Amazon in a Decade

Amazon AMZN, the towering giant of e-commerce and cloud services, is anticipated to scale new heights in the forthcoming decade. Nevertheless, it could be surpassed by other corporate behemoths that are already formidable contenders in their respective industries. These companies, with their expansive portfolios and innovation-driven strategies, may not only compete with but potentially exceed Amazon's market valuation. We are zooming into three specific stocks that present a compelling case for outpacing Amazon's future growth: Microsoft MSFT, Alphabet GOOG, and Apple AAPL.

Microsoft Corporation MSFT

With its foundations firmly set in software development, consumer electronics, and computing devices, Microsoft Corporation is a venerated name in technology. Recognized broadly for its Windows operating systems and Microsoft Office suite, the company has also made significant inroads with its Edge browser and a suite of hardware including the Xbox gaming console and the Surface personal computers. In the 2020 Fortune 500 rankings, Microsoft secured the 21st position by total revenue and has the distinction of being the largest software manufacturer globally by revenue as of 2016. Holding a pivotal position in the U.S. IT industry's 'Big Five,' Microsoft's consistent innovation and market presence make it a contender likely to eclipse Amazon in the years to come.

Alphabet Inc. GOOG

Born out of a strategic reshuffle that saw Google transform into Alphabet Inc., this conglomerate stands tall as a multifaceted titan. Since its inception on October 2, 2015, Alphabet has become the umbrella company for Google along with a spectrum of subsidiaries that were previously under Google's domain. The founding duo of Google continues to influence the firm with their roles as controlling shareholders, board members, and employees within the conglomerate. Alphabet has achieved the status of being the world's fourth-largest tech company by revenue and is recognized as one of the most valuable global entities, thus presenting a robust forecast for growth that may outshine Amazon's forecast.

Apple Inc. AAPL

Apple Inc.'s global impact as a pioneer in consumer electronics, software, and online services is unrivaled. Standing as the largest technology corporation in terms of revenue in 2020, and notching up the title of the world's most valuable company as of January 2021, Apple's credentials are sterling. The company ranks high in PC and smartphone manufacturing and shares a spot among the 'Big Five' IT companies in America. Apple's innovation, market penetration, and brand loyalty are indicators that, a decade down the line, it could very well surpass Amazon's market capitalization.

Microsoft, Alphabet, Apple