AVGO - 2 Brilliant Stocks Could Join Apple Microsoft and Nvidia as Trillion-Dollar Companies by 2025
2024-07-21 04:44:00 ET
In July 2014, Apple ranked as the world's most valuable company, with a market capitalization of $550 billion. But during the last decade steady growth in the U.S. economy drove several stocks across the trillion-dollar threshold. Six publicly traded companies are currently members of that elite group, and they are listed below from largest to smallest:
Eleven companies are on their way to trillion-dollar valuations, as they're worth at least $500 billion today. But I think Broadcom (NASDAQ: AVGO) and Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) could reach that milestone by mid-2025, and certain Wall Street analysts agree:
To put things in perspective: There's nothing particularly significant about becoming a trillion-dollar company, and the possibility of short-term gains is a poor reason to buy a stock. But Broadcom and Berkshire have more to offer. Here's how these brilliant stocks could fit into your portfolio.
For further details see:
2 Brilliant Stocks Could Join Apple, Microsoft, and Nvidia as Trillion-Dollar Companies by 2025