Prediction: These 3 Stocks Will Be Worth More Than Apple by 2030

However, I don't think that's the last stop for Apple

Judging by the company's lack of new innovative ducts, coupled with a practically non-existent AI strategy, I wouldn't be surprised if other companies pass Apple in terms of market cap over the next few years

The paths that each stock needs to take to get there are different, but I think that it's doable within the next five years

Image source: Getty Images

Apple's growth has been poor over the past few years First, let's tackle why Apple is struggling

After the COVID sales boom subsided for Apple, it failed to grow its revenue meaningfully

AAPL Operating Revenue (Quarterly YoY Growth) data by YCharts

While Apple can imve margins and repurchase s, there is only so much effect those activities can have without increasing sales at a meaningful pace

There also don't appear to be any innovative nologies in the pipeline that can drive Apple's stock higher

Its AI launch flopped, and new iPhones haven't seen a game-changing feature in years

Unless something drastic changes, the mid-single-digit revenue growth for Apple is what's to be expected

That's far different from the trio it's being compared against

All three of these companies have duced far greater revenue growth than Apple recently

AAPL Operating Revenue (Quarterly YoY Growth) data by YCharts

Meta Platforms and Alphabet are growing two to three times faster than Apple, which will allow them to catch up to Apple if they can maintain their pace

With each company in AI and seeing success, I wouldn't be surprised if both these companies can keep up their growth rates for the foreseeable future

Amazon isn't growing significantly faster than Apple in terms of revenue

Still, due to the rise of high-margin es Amazon Web Services (AWS) and advertising, its fits are increasing at a rapid pace

AAPL EPS Basic (Quarterly YoY Growth) data by YCharts

All three of these companies are growing earnings at a much faster pace than Apple, which is what the market cares for mature es

AAPL PE Ratio (Forward) data by YCharts

PE = price-to-earnings

Furthermore, it has a massive premium over Alphabet, which has posted substantially better results than Apple recently

If Apple and Alphabet were to trade at the same valuation, Alphabet would be worth more than Apple is today

So, the path for Alphabet to be worth more than Apple is fairly

Meta Platforms is valued at apximately the same level, so its growth needs to come from earnings

If these two are valued at the same price, then Meta would be the larger company

Amazon trades at a much higher premium than Apple

It has earned this due to its rapid earnings growth, but it's unly to last forever

All three of these companies have excellent growth spects and appear to be great investments to consider purchasing now

Apple is a slow-growing and expensive stock, and I'd sell my s if I owned any and invest in these three

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors

Keithen Drury has positions in Alphabet, Amazon, Meta Platforms, and Nvidia

The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Meta Platforms, Microsoft, and Nvidia

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