3 High-Growth Stocks That Could Be Worth $1 Trillion in 10 Years —

The prospect of having some stocks in your portfolio reach market capitalizations of $1 trillion can be exciting — but some perspective is needed. For example, Apple and Microsoft recently sported market caps of $2.3 trillion and $2.1 trillion, respectively. If they became worth $1 trillion each, their shares would have to fall about 57% and 52%, respectively.

Thus, to find promising growers that could grow to $1 trillion in a decade or less, let’s focus on somewhat smaller companies. Here are three contenders for your portfolio.

1. Nvidia

Nvidia (NASDAQ:NVDA) is a major American chipmaker that’s a pioneer in computing and artificial intelligence. It’s a powerful growth stock, too, with its shares surging nearly 6,400% over the past decade — more than 51% on average, per year. Nvidia’s shares don’t have far to go to get to a $1 trillion market cap, with the company recently valued around $500 billion.

Doubling in a decade doesn’t seem like a tall order for the company, as it would only have to average annual growth of about 7%. Consider that in its recent second quarter, it posted total sales of $6.51 billion, up 68% from a year earlier; gaming revenue of $3.06 billion, up 85%; and data center revenue of $2.37 billion, up 35% — all of which were records. Nvidia dominates the gaming chip arena, and has its tentacles in plenty of other arenas, too. It’s spending more than $1 billion annually on research and development to improve its current offerings and come up with new ones, such as its GeForce NOW service that’s well suited to serve the growing cloud gaming industry.

With its price-to-sales and price-to-earnings (P/E) ratios both well above their five-year averages, many see the stock price as having gotten ahead of itself. Others, though, find it easy to see the company valued at $1 trillion or more in the coming years, and believe it’s worth buying (or considering buying) now.

2. Salesforce.com

Salesforce.com (NYSE:CRM), the leader in customer relationship management (CRM) software, recently sported a market value near $267 billion, meaning that it would have to roughly quadruple in value over the coming decade. There are no guarantees, of course, but that does seem possible. Its shares have popped more than 800% over the past decade, averaging annual growth of nearly 25%.

In its recent second quarter, Salesforce.com posted impressive revenue growth of 23% year over year (in constant currency), with CEO and Chair Marc Benioff noting:

Salesforce has never seen better execution or greater momentum. Our Customer 360 platform is now fueled by a herd of unicorns perfectly designed for this all-digital world. Sales, Service, Marketing & Commerce, Platform, Tableau, MuleSoft and now Slack are all billion dollar-plus products delivering customer success like no other company.

Note the mention of popular workplace collaboration platform Slack — which Salesforce…