3 Stocks That Could Be Worth $1 Trillion in 10 Years
We now live in a world where the word "trillion" is used quite frequently -- and not just when discussing the epic scale of government budgets. A few publicly traded companies have reached trillion-dollar valuations, and many more are worth hundreds of billions. Among these could emerge a new class of companies that join the 13-figure mega-market-cap club.
Which ones could get there in the next decade? Three Motley Fool contributors think Square (NYSE: SQ), Netflix (NASDAQ: NFLX), and Taiwan Semiconductor Manufacturing (NYSE: TSM) have a shot. Here's why.
Nicholas Rossolillo (Square): Square has been on an absolute tear. The stock is up over 2,100% over the last five years! But even after that epic run, the company still carries a market cap of just $117 billion as of this writing. Given its momentum among young consumers and the proliferation of mobile devices and cloud-based computing systems, I think this fintech could reach a $1 trillion valuation in another decade's time.
Source Fool.com
