2 Magnificent Stocks Set to Join Alphabet, Nvidia, Apple, Amazon, and Microsoft in the $1 Trillion Club
In 2018, Apple became the first company to have a market capitalization above $1 trillion. Today, the company is valued at roughly $2.8 trillion, but it's not the only publicly traded company with a market cap that measures in the trillions. Microsoft, Alphabet, Amazon, and Nvidia are also members of the illustrious club.
The trillion-dollar club is undoubtedly exclusive, but there's a good chance that it will be welcoming some new members in the not-too-distant future -- and investors have opportunities to capitalize. Read on to see why two Fool.com contributors think that these companies will be the next to join the trillion-dollar ranks.
Parkev Tatevosian: Interestingly, the stock I think will surpass the $1 trillion market capitalization milestone has been there before. At its peak, (NASDAQ: TSLA) boasted a market cap of over $1.2 trillion. Given Tesla's dominant position in the electric vehicle (EV) industry and the nearly worldwide governmental support of the growth of EVs, I think it's reasonable to say that Tesla will reach the $1 trillion milestone again.
Source Fool.com
Tesla Inc Stock
Our community is currently high on Tesla Inc with 73 Buy predictions and 28 Sell predictions.
With a target price of 245 € there is a positive potential of 21.08% for Tesla Inc compared to the current price of 202.35 €.