28.11.2024 10:12:00

1 AI and Robotics Stock to Buy Before It Soars 400% to $5 Trillion, According to a Wall Street Expert

Billionaire Ron Baron is the founder and CEO of Baron Capital Group, an investment advisor and fund manager. He recently told CNBC Tesla (NASDAQ: TSLA) could be a $5 trillion company within a decade. That prediction implies 400% upside from its present market value of $1 trillion.Baron is undoubtedly one of the biggest Tesla bulls on Wall Street. The stock accounts for 33% of the Baron Partners Fund, which has returned 195% during the last five years, beating the S&P 500 (SNPINDEX: ^GSPC) by more than 100 percentage points.Here's what investors should know about Tesla, an electric carmaker slowly evolving into an artificial intelligence and robotics company.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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