What are the most profitable companies in the world? Well, it all depends on how you define “profitable.” Google’s parent, Alphabet, rakes in the most total profits globally, at about $195.6 billion over the past 12 months. For profits per employee, per one report, the Federal National Mortgage Association, known as Fannie Mae, is on top, at $2.07 million per worker. Then there’s net profit margin — the percentage of revenue that a company keeps as profit. On that count, Nvidia (NVDA -2.27%) has an astonishing profit margin of 64%.
Nvidia is easily one of the most profitable companies in the world. Let me explain why its stock may be worth around $311 per share — some 39% higher than its share price at this writing.
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