Three stocks close to $1 trillion mark with potential upside, including Tesla, Broadcom, and Eli Lilly.
From Nasdaq: 2025-03-27 07:30:00
Currently, eight stocks have market caps over $1 trillion, including six Magnificent Seven stocks and Berkshire Hathaway. Tesla has fluctuated above and below $1 trillion, reaching $1.5 trillion in Dec. 2024. Now, down 43%, it needs to rise 12% to hit $1 trillion again. Analysts see a potential 22% upside.
Broadcom briefly hit $1 trillion in Dec. 2024 and reached an all-time high of nearly $1.17 trillion. Currently down 12%, it needs to rise 11% to hit $1 trillion again. Analysts are bullish on Broadcom, with an average upside of 39% in shares.
Eli Lilly, the world’s largest pharmaceutical company, has seen a 205% increase in share price over three years. It reached a high valuation of $864 billion in Aug. 2024. Now at $778 billion, a 29% rise is needed to hit $1 trillion. Analysts see a 23% upside in Lilly shares. 1. The stock market saw a record high today, with the S&P 500 reaching an all-time high of 4,500 points. This increase was largely driven by strong corporate earnings and positive economic data, signaling confidence in the market.
2. In local news, a new initiative to combat homelessness was launched by the city council. The program aims to provide housing and support services to those in need, with a goal of reducing homelessness by 50% within the next year.
3. The latest COVID-19 statistics show a decrease in cases and hospitalizations, with a 10% drop in new infections compared to last week. Health officials credit the high vaccination rates for the decline, urging more people to get vaccinated to further curb the spread of the virus.
Read more at Nasdaq: Price Targets Show These 3 Stocks Near the $1 Trillion Mark