This translation has been automatically generated and has not been verified for accuracy.The trillion-dollar market cap club expanded last week to a third U.S. company, with Google parent Alphabet Inc. topping the lofty valuation mark. Adding the next member, however, is likely to take a while.
But a lot can happen between now and US$1-trillion, and investors asked to handicap the field revealed different choices among the S&P 500 for which U.S. company will be the fifth member of the elite club. The next to join also may not yet be on anyone’s list.FACEBOOK Greater scrutiny of tech companies over privacy and data policies could limit Facebook’s growth and stock valuation, according to investors.Facebook is poised for above-market growth, said Margaret Reid, senior portfolio manager at The Private Bank at Union Bank. But “that trillion dollar market cap might be further out the spectrum because of the regulatory environment for these technology platform companies,” she added.
Both could surpass Facebook in market value three years from now, if all three companies maintained their average annual stock price increases of the past three years.
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