Ranking Wall Street's Trillion-Dollar Stocks From Most to Least Attractive, Based on Future Cash Flow
Among Nvidia, Apple, Alphabet, Microsoft, Amazon, Taiwan Semi, SpaceX, Broadcom, Tesla, Meta, Micron, Eli Lilly, and Berkshire Hathaway, there are a handful of bargains and pretenders.
Overview
Despite the Iran-war-driven March swoon, it's turned out to be another banner year for Wall Street. In early June, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all reached record-closing highs.
While the evolution of artificial intelligence (AI) has been the stock market's clearest catalyst, it's Wall Street's trillion-dollar members that have lifted these major stock indexes to new heights. As of the closing bell on June 26, there were 13 public companies on U.S. exchanges boasting trillion-dollar valuations:
Details
While all 13 of these industry leaders possess bona fide competitive advantages, they don't all share the same outlook. If there's one time-tested metric that does an exceptional job of parsing out which trillion-dollar club members are still bargains and which are pretenders, it's cash flow.
Source
Originally published at www.fool.com.