From Nasdaq: 2024-05-10 05:21:00

For over a year, the Dow Jones, S&P 500, and Nasdaq have been thriving in a bull market, with the “Magnificent Seven” leading the way. The top companies in Wall Street are facing challenges amid Tesla’s struggles. Mastercard, Johnson & Johnson, and Chevron are predicted to surpass Tesla’s market cap in the next two years.

Mastercard is poised for success with a current market cap of $423 billion, benefiting from economic expansions and no exposure to lending risks. Johnson & Johnson, worth $358 billion, thrives in healthcare due to consistent demand for medical products. Chevron, valued at $300 billion, offers essential midstream and downstream assets for continued profitability.

Despite its early success in the EV market, Tesla faces challenges such as pricing competition, declining operating margins, and unsustained income sources. Mastercard, Johnson & Johnson, and Chevron are strategic investments with strong growth potential to outperform Tesla in the coming years. Investors are encouraged to consider these promising alternatives for long-term gains.



Read more at Nasdaq: Prediction: 3 Sensational Stocks That’ll Be Worth Far More Than Tesla 2 Years From Now