3 Stocks Gunning for Trillion-Dollar Status: The Players to Own Now

Companies have clearly defined goals: to grow their customer base, brand power, and global influence, compete with giants like Nvidia (NASDAQ: NVDA ), Meta (NASDAQ: META ), Apple (NASDAQ: AAPL ), Microsoft (NASDAQ: MSFT ) and Alphabet (NASDAQ: GOOG , NASDAQ: GOOGL ), and join the shortlist of trillion-dollar stocks. While this sounds great, reaching a trillion-dollar market cap is a tough mountain to climb. Companies on their way to this peak should offer superior products that their clients love and adapt to the market’s continuously evolving needs. Like anyone wanting to enjoy a comfortable retirement, I, too, would like to own companies that give me that potential. So, in this article, I’ll shortlist three buy-rated companies that I think have the potential to reach the trillion-dollar milestone. To come up with the list, I screened for the following criteria: Companies nearing $1 trillion market cap/valuations Buy-rated stocks Double-digit quarterly or yearly revenue growth year over year (according to the latest reporting period) I then sorted the results from farthest to closest based on their proximity to a $1 trillion valuation....

InvestorPlace - 5/2/2024 10:00:00 AM More News for AVGO
Stock Analysis for AVGO
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