4 Warren Buffett Stocks That Could Join the Trillion-Dollar Club by 2032
Companies with a market capitalization above $1 trillion form a highly exclusive group. But in the next decade or so, at least several more corporations will likely join them. And some of these stocks should be able to generate solid returns even beyond that time period.
Let's consider several companies that fit this description: Johnson Johnson (NYSE: JNJ), Visa (NYSE: V), Mastercard (NYSE: MA), and Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). And here's one thing they have in common: They all have a vote of confidence from Warren Buffett, arguably the greatest investor of all time, who has famously said that his favorite holding period is forever.
Buffett's Berkshire Hathaway owns shares of Johnson Johnson although it makes up a tiny percentage of the conglomerate's portfolio. The drugmaker's market cap currently tops about $400 billion, making it one of the largest healthcare companies in the world. It must register a compound annual growth rate (CAGR) of 10.7% to become a trillion-dollar stock by 2032. Johnson Johnson can pull this off.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 9.24% compared to the current price of 595000.0 € for Berkshire Hathaway Inc. A.
