Prediction that Taiwan Semiconductor Manufacturing, Alphabet, and Tencent Holdings will outperform Costco in the future.
From Nasdaq: 2025-04-15 09:45:00
- Predictions are always tricky in the stock market, but three stocks are expected to outperform Costco Wholesale in the next decade. These include Taiwan Semiconductor Manufacturing, with a recent market value of $823 billion, and Alphabet, with a $1.9 trillion market value.
- Taiwan Semiconductor is a key player in the semiconductor industry, holding a 67% market share. With plans to invest over $100 billion in U.S.-based plants, and partnerships with companies like Intel and Apple, it’s positioned for growth to potentially reach a market value of $2.1 trillion.
- Alphabet, the parent company of Google, has a market value of $1.9 trillion and is considered undervalued with a forward P/E ratio below its five-year average. Despite challenges, its diverse portfolio and growth prospects make it a contender to surpass Costco’s value in the future.
- Tencent Holdings, a major Chinese enterprise with a market value of $513 billion, is poised for growth with its diverse businesses, including WeChat and fintech services. Despite volatility, its undervalued stock and potential for expansion could lead to outperforming Costco in a decade.
Read more at Nasdaq: Prediction: 3 Stocks That’ll Be Worth More Than Costco 10 Years From Now