Tesla, Broadcom, and TSMC All Lost Their Trillion-Dollar Club Memberships. Which One Is Most Likely to Rejoin First?
This is the one mega-cap stock to buy on the sell-off.
The trillion-dollar club got a little bit smaller over the last few weeks.
Tesla (NASDAQ: TSLA), Broadcom (NASDAQ: AVGO), and Taiwan Semiconductor Manufacturing (NYSE: TSM) all got the boot as part of the broader sell-off in stocks that hit tech companies particularly hard. All three now sit around a market cap of $800 billion as of this writing.
Long-term investors can reasonably expect the three mega-cap stocks to make a run at $1 trillion again, but one stands out as a shoe-in to get there first.