3 Stocks That Could Join the Trillion-Dollar Market Cap Club Next Year

Group 1: Market Cap Potential - The article discusses the potential for several companies to reach a $1 trillion market cap, driven by the AI boom, a resilient U.S. economy, and falling interest rates [1] - Walmart would need a 31% increase in market cap to reach $1 trillion, which may be challenging given its current valuation compared to competitors like Costco [3] - Eli Lilly's revenue rose 20% to $11.4 billion in Q3, with adjusted net income increasing over 1,000% year-over-year, indicating strong potential for reaching a $1 trillion market cap [5][6] - JPMorgan Chase, with a current market cap of $648.6 billion, would need a 54% increase to reach $1 trillion, but favorable economic conditions could support this growth [8][9] Group 2: Company Performance - Walmart's market cap has more than doubled in the last three years, reaching $763.8 billion, driven by its successful omnichannel strategy and strong grocery sales [12][13] - Eli Lilly is now the most valuable pharmaceutical company in the U.S., with a market cap of $689.5 billion, needing a 45% growth to hit $1 trillion [14][15] - JPMorgan Chase is the largest bank by assets, benefiting from a diversified business model and a favorable regulatory environment that could enhance its growth prospects [7][18] Group 3: Current Market Landscape - There are currently nine publicly traded U.S. companies with a market cap of $1 trillion or more, with Berkshire Hathaway briefly dipping below this threshold [10][11] - The article notes that just a few years ago, there were no U.S. companies worth more than $1 trillion, highlighting the rapid growth in this segment [11]