Could Visa Be the Next Company to Join the Trillion-Dollar Market Cap Club?
A trillion dollars isn't as insurmountable a market cap goal as it used to be.
We now have seven companies -- excluding state-run organizations -- that have achieved market capitalizations of $1 trillion after Nvidia shares rocketed higher earlier this summer. Tesla and Meta Platforms now have market capitalizations of less then $1 trillion, but have passed that milestone previously, while Amazon, Apple, Microsoft, and have been consistently above $1 trillion for years now. These dynamic technology stocks have crushed the market in recent years, providing life-changing returns for many of their long-term investors.
But what about the next stock that might join the trillion-dollar club? This is perhaps a more valuable question for investors to consider. You don't make money owning a stock based on what it has done in the past. I think payments network operator Visa (NYSE: V) is the most likely company to join the trillion-dollar market cap club within the next few years. Here's why.
Source Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 97 Buy predictions and no Sell predictions.
As a result the target price of 179 € shows a slightly positive potential of 19.06% compared to the current price of 150.34 € for Alphabet Inc. A.
