1 Unstoppable Stock That Can Double Within Five Years to Join the $1 Trillion Club
The $1 trillion club has invited quite a few new members through its doors since first broke through its threshold in 2018. Ten companies traded on U.S. stock exchanges have qualified for membership since, and that number should continue to grow over time as the world economy expands.
But predicting the next member of the club isn't easy. For example, few saw Nvidia growing beyond a $1 trillion valuation by 2023, fueled by the recent breakthroughs in generative artificial intelligence (AI). It's now a $3 trillion company. One company, however, has its sights set on joining, and management thinks it can reach a $1 trillion level by 2030.
While management typically shouldn't operate a business with a goal of reaching a certain stock price, this company has a systematic approach to increasing earnings every year, and it should eventually push it to double its stock price and reach a $1 trillion valuation. Here's why (NASDAQ: NFLX) could be one of the next members of the vaunted club.
Source Fool.com
Netflix Inc. Aktie
Netflix Inc. ist ein kleiner Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 1054 € liegt unter dem aktuellen Kurs von 1065.4 € für Netflix Inc., führt aber zu einem negativen Potenzial von -1.07%.
