This Unstoppable Stock Just Revealed Ambitious Plans to Join the $1 Trillion Club by 2030

Once upon a time, it was industrial and energy stocks that topped the list of the world's most valuable companies. Indeed, two decades ago, General Electric and ExxonMobil led the field in terms of market cap, valued at $319 billion and $283 billion, respectively. These days, tech-centric companies, including Apple and Microsoft, top the list, with market caps of $2.9 trillion and $2.7 trillion, respectively, buoyed by the accelerating adoption of artificial intelligence (AI).

Investors would do well to remember that Netflix (NASDAQ: NFLX) has long been a pioneer in the use of AI. It has developed state-of-the-art algorithms that power the company's streaming recommendations and help inform its production and licensing choices.

Netflix just delivered another quarter of surprisingly robust growth and continues to push the boundaries of its streaming empire. The company currently sports a market cap of $415 billion (as of this writing) and has announced ambitious plans in hopes of joining the trillion-dollar club by 2030. The stock has generated returns of 59% over the past year and 1,090% over the past decade, and recent developments suggest its upward trajectory will continue.

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