2 Unstoppable Stocks Destined to Achieve a $1 Trillion Valuation
The $1 trillion stock club has been getting a bit thinner amid the stock market sell-off, as a handful of companies have fallen out of this prestigious club. At this writing, there are only eight companies with a $1 trillion valuation worldwide, but two more could easily join their ranks over the next few months if the market recovers. Taiwan Semiconductor (NYSE: TSM) and Broadcom (NASDAQ: AVGO) are two companies that are destined to join the $1 trillion valuation club. Each has already reached that threshold but is currently on the outside looking in thanks to the sell-offs.These two companies will be OK over the long term and will likely rejoin the $1 trillion club either this year or next. Here's a closer look.Continue reading
The $1 trillion stock club has been getting a bit thinner amid the stock market sell-off, as a handful of companies have fallen out of this prestigious club. At this writing, there are only eight companies with a $1 trillion valuation worldwide, but two more could easily join their ranks over the next few months if the market recovers.
Taiwan Semiconductor (NYSE: TSM) and Broadcom (NASDAQ: AVGO) are two companies that are destined to join the $1 trillion valuation club. Each has already reached that threshold but is currently on the outside looking in thanks to the sell-offs.
These two companies will be OK over the long term and will likely rejoin the $1 trillion club either this year or next. Here's a closer look.