3 More Stocks That Could Be Worth $1 Trillion In a Decade
At this point, companies sporting a $1 trillion market valuation aren't so special. State-backed oil titan Saudi Aramco was valued at $2 trillion shortly after its IPO late in 2019. As of this writing, Apple just reached $2 trillion, and Amazon, Microsoft, and Google parent Alphabet are all over the $1 trillion market cap mark. A number of other companies like Facebook are "only" a couple hundred billion from reaching the 13-digit valuation line, too.
The law of compound growth dictates plenty of other businesses will arrive at the arbitrary trillion-dollar valuation. Last month I outlined three stocks I think could do so in the next decade. Three more that are benefiting from secular growth trends that could be knocking on the $1 trillion valuation door in 10 years are Mastercard (NYSE: MA), Walt Disney (NYSE: DIS), and Adobe (NASDAQ: ADBE). Let's take a closer look at what makes these three companies so valuable.
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Source Fool.com
