Prediction: This Will Be the First Half-Trillion-Dollar Dividend King (and It's Not Coca-Cola)
With the S 500 seemingly hitting a new all-time high daily, investors are searching the market for the hottest industries and contributors to the rally. The biggest factor in the marketwide rally is the tech sector -- specifically big tech -- where the market caps have gotten so large that a few companies alone can move the entire market.
There are currently five companies with a market capitalization of over $1 trillion: Apple, Microsoft, , Amazon, and Nvidia. And there are just 12 companies with a market cap of over half a trillion dollars, which are those five plus Meta Platforms, Berkshire Hathaway, Tesla, Eli Lilly, Taiwan Semiconductor, Broadcom, and Visa.
It could take a while, but I believe that within the next three to five years, Procter Gamble (NYSE: PG) will become the first company with over 50 consecutive annual dividend raises -- known as a Dividend King -- to surpass $500 billion in market value. Here's why P has what it takes to reach this milestone.
Source Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 96 Buy predictions and no Sell predictions.
As a result the target price of 180 € shows a positive potential of 22.12% compared to the current price of 147.4 € for Alphabet Inc. A.
