|Day's range||1,044.00 - 1,044.00|
The last time stimulus checks hit Americans' bank accounts, the labor market was struggling on the heels of the pandemic. At this point, it's been around two years since federal stimulus checks were issued. Given that the labor market is so strong, it's hard to make the case for stimulus aid.
It's not too hard to get great ideas from investing legend Warren Buffett. Since 1965, his holding company, Berkshire Hathaway, has massively beaten the market with an annualized return of 19.8% versus 9.9% for the S&P 500 over that time period. Amazon (NASDAQ: AMZN), Floor & Decor (NYSE: FND), and RH (NYSE: RH) are three stocks I would buy in a heartbeat.
Few companies have managed to exceed a trillion dollars in market capitalization, and even fewer have managed to stay above that threshold. Currently, only four U.S. companies maintain this designation: Apple, Microsoft, Alphabet, and Amazon (Amazon is just barely above a $1 trillion market cap). With TSMC sitting at a $480 billion market cap right now, the company would need to maintain an 11% compounded annual growth rate through 2030 to hit that next-level valuation.