Analysis: Walmart and Visa have potential to reach $1 trillion in 10 years
Berkshire Hathaway, led by Warren Buffett, has achieved a market cap of about $1.05 trillion, making it the largest company in the stock market not in the technology sector. There are currently nine members of the trillion-dollar club in the U.S. stock market.
Walmart and Visa have valuations of $776 billion and $675 billion, respectively, and could potentially reach $1 trillion over the next decade with modest annualized returns. Bank of America, with a $353 billion market cap, would need an 11% annual gain to achieve a $1.05 trillion market cap like Berkshire.
Advanced Micro Devices (AMD) has a market cap of $233 billion and would require a roughly 16% annual gain over the next decade to reach $1.05 trillion. AMD has been performing well and has opportunities for growth in various markets, including data center chips and autonomous vehicles.
Bank of America and AMD have fantastic leadership and growth potential, with a high probability of success over the next decade. While achieving a trillion-dollar valuation would require several factors to align, the risk-reward dynamics for both stocks look promising.
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Read more at Nasdaq.: Prediction: 2 Stocks That’ll Be Worth More Than Berkshire Hathaway 10 Years From Now