Will Walmart Reach a Trillion-Dollar Market Cap by 2030?
When Apple (NASDAQ: AAPL) become the world's first $1 trillion company back in 2018, investors cheered while they simultaneously wondered which company would be the next to achieve the feat. As it turns out, it would be (NASDAQ: MSFT) the following year.
Much has changed since then. Namely, getting to the 13-figure mark is no longer a head-turning event. Four other companies have joined Microsoft and Apple in the trillion-dollar club ... five if you still count Tesla (NASDAQ: TSLA), which briefly got there in early 2022 before shares of the electric vehicle (EV) maker began struggling. Both Apple and Microsoft are each worth more than $3 trillion now. Investors just aren't as easily impressed by the metric anymore.
They might be impressed by the first seemingly unlikely name to do so though. That's brick-and-mortar retailer Walmart (NYSE: WMT), which is quietly inching closer to the trillion-dollar finish line than most investors might believe.
Source Fool.com
Microsoft Corp. Stock
With 106 Buy predictions and 1 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 420 € shows a slightly positive potential of 7.2% compared to the current price of 391.8 € for Microsoft Corp..
