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2 Supercharged Stocks That Could Reach $1 Trillion by 2030

TheMotleyFool

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2 Supercharged Stocks That Could Reach $1 Trillion by 2030: https://g.foolcdn.com/editorial/images/717058/growth-stock-chart.jpg

Only a handful of companies have ever claimed a valuation of $1 trillion, and currently there are just three above that milestone: Apple, Microsoft, and Alphabet.

Over the coming years, we'll almost certainly see more trillion-dollar companies as businesses grow and expand, and inflation lifts valuations as well.

In order to reach a $1 trillion valuation, a company will have to have a large addressable market to penetrate, a history of gaining market share, and the ability to generate a profit. Two fast-growing stocks that have all three of these qualities and a chance at reaching $1 trillion by the end of the decade are Airbnb (NASDAQ: ABNB) and MercadoLibre (NASDAQ: MELI).

Source Fool.com

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