Prediction: This Stock Will Be Worth $3 Trillion by 2030

There is a small, elite group of companies with a market cap above $1 trillion. The number of corporations that have cracked the $3 trillion cap is even more exclusive. Meta Platforms (NASDAQ: META), a social media specialist, belongs to the former group; its market cap is $1.8 trillion as of this writing. However, there is an excellent chance that the tech leader will join the latter group by 2030. It needs a compound annual growth rate (CAGR) of 10.8% over the next five years to achieve this. Read on to find out why Meta Platforms has what it takes.Let's start by discussing the challenges Meta Platforms could encounter in the next five years that could lead to poor performances. First, an economic downturn would affect the company's financial results. When the going gets rough, consumers tighten their purse strings and businesses decrease ad spending. That's Meta Platforms' primary source of revenue. A slowdown in the ad market -- like the one it experienced a few years ago -- might sink Meta's share price. Some fear that President Trump's aggressive tariff policies could, eventually, lead to a recession.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool