2024-05-15 06:00:00 ET
The trillion-dollar stock club is a very exclusive list. There are only seven companies worldwide at that level, but these are some of the most recognizable brands on Earth. We're talking about names like Microsoft , Apple , and Amazon , but a few lesser-known companies are knocking at the door.
One that I think has a strong chance to gain entry by 2026 is Taiwan Semiconductor Manufacturing (NYSE: TSM) . Taiwan Semiconductor is the world's leading chip manufacturer and plays a huge role in anything with a microchip. This exposes the company to hot trends like artificial intelligence and electric vehicles.
Even though it's worth less than $800 billion, I think it can easily reach the $1 trillion threshold by 2026.
For further details see:
1 Stock on Track to Join the $1 Trillion Club by 2026