Warren Buffett's Berkshire Hathaway just became the seventh S&P 500 company to hit a $1 trillion market value. So, who's next?
Analysts predict Broadcom and Eli Lilly will see their market values push the closest to $1 trillion among the S&P 500 in a year's time, says an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSurge.
Analysts think Broadcom's value will hit $895.5 billion and Eli Lilly's $893.1 billion in 12 months. That would rank them just behind Berkshire Hathaway.
Broadcom And Eli Lilly March To $1 Trillion
It's not a huge surprise that Broadcom's value is pushing to $1 trillion. Shares of the computer network gear maker are up more than 43% this year. That makes the company already worth $746.5 billion. But analysts see bigger things coming.
Analysts think Broadcom's 12-month price will hit 192.39 a share, a 20% jump from current levels. And there's plenty of fundamental strength to power such a bullish view. The stock carries a 94 RS Rating and 95 Composite Rating.
But right behind Broadcom in the race to $1 trillion is Eli Lilly, maker of weight-loss drugs. And the stock is up huge already this year: 63%. Analysts think the stock will gain an additional 5% in the next 12 months. It already carries a 94 RS Rating and a perfect 99 Composite Rating.
What About $2 Trillion?
The trillion-dollar race isn't the only one raging in the S&P 500. There's also a question over which companies will reach $2 trillion next.
Here, analyst predictions are more clear cut. Analysts think Amazon.com stock will jump 26% in the next 12 months. And if that pans out it means the company's market value will hit $2.3 trillion. Such a massive jump would make the online retailer the fifth S&P 500 stock with a value of $2 trillion or more.
Which Stocks Will Hit $2 Trillion Next
Based on analysts' 12-month estimates for S&P 500 stocks
| Company | Symbol | Target market value (trillions) | Target 12-month gain |
|---|---|---|---|
| Microsoft | $3.7 | 23.4% | |
| Nvidia | $3.6 | 23.4% | |
| Apple | $3.6 | 1.6% | |
| Alphabet | $2.5 | 24.6% | |
| Amazon.com | $2.3 | 26.2% | |
| Meta Platforms | $1.4 | 9.0% | |
| Berkshire Hathaway | $1.0 | -0.8% | |
| Broadcom | $0.9 | 20.0% | |
| Eli Lilly | $0.9 | 4.7% |
