Mike Sakuraba graduated with double major of English and Economics. Part time writer, part time investor, full time dad. Mike loves writing about technology, sports, and investing.

2024-04-13 11:30

2 Trillion Dollar Companies in the Making
These articles are always fun to write. They’re wildly speculative and likely long shots to come true. When I say these companies have the potential to be trillion-dollar companies one day, it’s more of a metaphor for a growth path. Do I really think they can be a trillion-dollar company? Maybe. Anything is possible!
One thing for certain about these two companies is that I see the potential in how they can grow. It doesn’t necessarily mean a trillion-dollar market cap, but I like to think it’s possible. Here are 2 stocks that I think could be trillion-dollar companies in the making.

CrowdStrike (NASDAQ: CRWD)
Oh, Crowdstrike. What a monster stock this has been so far this year. Shares are up nearly 30% this year alone and more than 135% over the past 52 weeks. So why do I think Crowndstrike is just getting started? I believe Crowdstrike is cementing itself as the leader in the cybersecurity industry. With the AI industry needing massive amounts of data and data centers, Crowdstrike is going to be a major beneficiary in keeping these companies and users protected.

Crowdstrike is also on the cutting edge of cybersecurity technology. It already utilizes AI and machine learning to make its network stronger with every neutralized threat. Crowdstrike consistently has one of the largest Annual Recurring Revenue (ARR) figures. This metric shows how many users re-subscribe to Crowdstrike each year at a higher price. Crowdstrike also has a massive revenue growth streak right now. Over the past five years, Crowdstrike’s revenue has grown at a CAGR of 65%. That is incredible sales growth and proof that users continue to see Crowdstrike as the leader in global cybersecurity.

Coinbase ($218.17|-7.68%)
I thought long and hard about this and I wanted to make sure it wasn’t just recency bias with how the stock has been performing. The more you think about the recent crypto bull run, the more it might just be here to stay now. That’s right, I believe crypto has reached a point in the mainstream psyche that it will forever be considered a part of the financial industry. Spot Bitcoin ETFs have been the key catalyst here. Blackrock alone already owns more than 270,000 BTC and as more people pile into the ETF, it will continue to accumulate more.

But that’s not all for Coinbase. The company has been aggressively expanding into new territories and is establishing itself as a globally regulated crypto exchange. That means that corporations, retail traders, and governments will trust Coinbase to be the bridge that connects the crypto world to the financial one. It is already the trusted custodian of the spot Bitcoin ETFs from which it collects massive fees from Blackrock and other companies.

On top of all that, Coinbase launched its own Base network that is integrated with its Coinbase Wallet. The company is making this a one-stop shop for all crypto trading without needing a network-specific wallet. It is the ideal way to onboard new traders into the crypto world. I think Coinbase is going to smash earnings this quarter with how much trading volume and fees it has seen. It’s not even a $70 billion company right now but if crypto truly begins to take off, Coinbase will be the global standard crypto exchange and the sky really would be the limit.