Prediction: This Will Be Wall Street's Next Trillion-Dollar Stock

For more than two years, the bulls have been running wild on Wall Street, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all ascending to multiple record-closing highs in 2024. While there have been pockets of strength in most sectors and industries, the stock market's trillion-dollar businesses have shouldered a sizable portion of this rally.Entering last week, and excluding inflationary changes over time, 10 publicly traded companies around the globe had reached a nominal market cap of $1 trillion -- nine of which can be purchased on U.S. exchanges. This includes all members of the "Magnificent Seven:"It also includes Saudi Aramco, which isn't traded on U.S. exchanges, as well as Warren Buffett's Berkshire Hathaway and Taiwan Semiconductor Manufacturing.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool