3 High-Growth Stocks That Could Be Worth $1 Trillion in 10 Years -- or Sooner
A trillion-dollar stock is still rare even as companies grow bigger, doing tens to hundreds of billions of dollars in sales. Such a rare milestone means that any company hitting it will probably be one of the world's most dominant companies, making it a potential goldmine for long-term investment returns.
Here are three companies with the ingredients to eventually becoming trillion-dollar stocks, making them worth considering for any long-term growth investor.
Electric vehicle leader Tesla (NASDAQ: TSLA) got tossed from the trillion-dollar club this past year. Some might argue that the publicity around Elon Musk's Twitter purchase hurt shares, while others will point to the bear market and recession fears. Either way, Tesla's absence from the club seems temporary. The company still dominates the electric vehicle market; its models took four of the top six spots in units sold in 2022. The top-selling Model Y sold over 191K units; the best non-Tesla model (Mustang Mach-E) came in at just 28K units.
Source Fool.com
