Prediction: Wall Street's Most Valuable Public Company by 2030 Will Be This Dual-Industry Leader (No, Not Nvidia)
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For much of the last 16 years, the stock market has been unstoppable. With the exception of the five-week COVID-19 crash in February-March 2020, and the roughly nine-month bear market in 2022, the bulls have been in firm control on Wall Street.The catalyst for this ongoing outperformance primarily rests with Wall Street's trillion-dollar businesses. Think Nvidia (NASDAQ: NVDA) and Apple, as well as newer trillion-dollar club members Broadcom and Taiwan Semiconductor Manufacturing, which is also known as TSMC.All told, just 11 publicly traded companies have ever reached a $1 trillion market cap, not accounting for the effects of inflation, and 10 trade on U.S. exchanges. This includes all members of the "Magnificent Seven," along with Broadcom, TSMC, and billionaire Warren Buffett's company, Berkshire Hathaway.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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