Jim Cramer has identified eight companies that could potentially reach a market cap of $1 trillion, joining tech giants Microsoft, Apple, and Nvidia, among others.
“To me, it’s going to be Lilly up next,” Cramer said. “But the sheer popularity of Tesla might allow Musk to sneak back into the top rung, turning the Super Six back once again into the Magnificent Seven.”
For context, Elon Musk-led Tesla had crossed the trillion-dollar market capitalization mark back in 2021, becoming only the sixth U.S. company to reach the milestone.
Cramer also identified Warren Buffett’s Berkshire Hathaway, Broadcom, JPMorgan, Walmart, Visa, and Exxon Mobil, as other contenders for the trillion-dollar club.
Cramer highlighted the diverse nature and extensive reach of Berkshire Hathaway’s portfolio. However, he noted that lower interest rates might be necessary for Berkshire Hathaway to achieve significant growth.
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