Meet the Stock That Soared 445% Over the Past Decade. Now, It's Poised to Join Apple, Nvidia, Microsoft, Alphabet, Amazon, and Meta in the $1 Trillion Club.

The trillion-dollar market-cap club is an exclusive club that not too many companies are a part of yet. When Apple became the first company to hit the mark in 2018, it was a major feat in the business world. Now, it's currently joined by 10 other companies, including the likes of Nvidia, Microsoft, Alphabet, Amazon, and Meta Platforms.Looking at the companies that currently have at least a market capitalization of $1 trillion, there's one obvious theme: they're mostly tech companies (nine out of the 11). However, there is one non-tech company that has a good chance at becoming the newest member of the trillion-dollar club, and that's retail giant Walmart (NYSE: WMT).At the time of this writing, Walmart's market cap is just over $850 billion. This means its stock price would need to increase by around 18% to reach $1 trillion. It's not guaranteed, but Walmart's business is well-positioned to make it happen.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool