A Bull Market Is Coming: 2 Stocks That Could Be Worth $1 Trillion in 20 Years
Bull markets typically don't last 20 years, but over the course of a couple of decades, there will be at least several bull runs. There will be downturns, too, of course. However, equities will almost certainly see a sustained upward run, at least if the past is any indication. Cashing in on the market's long-term rise means buying shares of companies that can perform well come the next bull market and beyond.
Here are two excellent candidates: Intuitive Surgical (NASDAQ: ISRG) and (NYSE: SHOP). These companies are well positioned to deliver market-beating returns and join the exclusive $1 trillion club in the next two decades. Here's the rundown.
Intuitive Surgical's current market cap is just under $100 billion. To become a trillion-dollar company, the company would need to register a compound annual growth rate (CAGR) of about 12.2% during the next 20 years. The medical device giant has delivered outsized returns thanks to its leadership in the robotic-assisted surgery (RAS) market.
Source Fool.com
Shopify Inc Stock
Currently there is a rather positive sentiment for Shopify Inc with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 75 € shows a positive potential of 38.84% compared to the current price of 54.02 € for Shopify Inc.
