3 High-Growth Stocks That Could Be Worth $1 Trillion in 10 Years -- Or Sooner
Looking for future $1 trillion stocks using a decade time span may seem like picking your own starting point when running a marathon, but it is an interesting exercise nonetheless. That's especially true when you consider the three high-growth stocks we will look at today: Nvidia (NASDAQ: NVDA), ASML (NASDAQ: ASML), and MercadoLibre (NASDAQ: MELI).
While Nvidia and ASML "only" need share price growth of 9% and 17% annually over the next decade to reach this mark, MercadoLibre would need a stunning 35% yearly return.
Despite this wide range of required returns, there is plenty of reason to argue that these businesses could become $1 trillion stocks over the next decade -- or perhaps even sooner.
Source Fool.com
