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Want to Invest in the Next Trillion-Dollar Company? These 3 US Stocks May Make the Cut
By The Smart Investor  •  July 14, 2023
The rebound in the NASDAQ Composite Index has been nothing short of spectacular. For the first half of this year, the bellwether technology stock index has jumped by 32%, making this the best first half in four decades. The strong performance was led by a boom in generative artificial intelligence (AI), sending shares of Nvidia (NASDAQ: NVDA) rallying 190% to surpass the trillion-dollar market capitalisation milestone. Apple (NASDAQ: AAPL), the inventor of the iPhone and iPad, shot up nearly 50% in the same period to hit an all-time high of close to US$194 and reclaim its US$3 trillion market capitalisation achievement. The recovery has expanded to include the wider market and allowed many stocks to post impressive rebounds. You may be wondering which company is next in line to hit a trillion dollars. We have compiled a list of three US stocks that could be the next to achieve this momentous milestone....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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