The Trillion Club: Who Will Be the Next Giant to Join Apple?
$Apple(AAPL)$ has achieved a groundbreaking milestone by becoming the first company in the world to reach a market valuation of over $3 trillion. With its relentless innovation and unwavering brand loyalty, Apple has cemented its position as a global tech giant.
This remarkable achievement raises an intriguing question:
Which company will be the next to join the exclusive $3 trillion club?
A. $Tesla Motors(TSLA)$
One potential candidate is Tesla, the electric vehicle giant that has been at the forefront of the sustainable transportation revolution. Tesla previously achieved trillion-dollar status but lost it in recent years.
However, with an impressive 83% surge in orders during the second quarter, Tesla seems to be regaining its momentum. If it can sustain this growth trajectory, a 20% gain in market value would catapult Tesla back into the trillion-dollar realm.
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B. $Meta Platforms, Inc.(META)$
Another contender worth considering is Meta (formerly known as Facebook), the social media behemoth. Despite losing its trillion-dollar status, Meta has been expanding its horizons and exploring new frontiers in recent years, including the development of virtual reality and augmented reality technologies.
With an impressive stock price surge of 138.47% in the first half of 2023, Meta has displayed exceptional performance. However, it would require a 36% increase in market value to achieve this milestone.
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C. $Berkshire Hathaway(BRK.B)$
Berkshire Hathaway, led by the legendary investor Warren Buffett, is an unexpected contender that shouldn't be underestimated. This conglomerate holds significant investments in various sectors, including the oil and gas industry, increasing its chances of reaching a trillion-dollar market capitalization.
Additionally, Berkshire Hathaway's substantial stake in Apple further bolsters its potential. To achieve the trillion-dollar milestone, Berkshire Hathaway would need to achieve a gain of 34% from its current level.
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Great ariticle, would you like to share it?
Great ariticle, would you like to share it?