22.12.2024 00:02:00
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Meet the Supercharged Growth Stock That's One of This Year's Biggest Winners. The Company Could Hit $50 Trillion by 2034, According to 1 World-Renowned Analyst
James Anderson may not be a household name, but there's no denying the legendary investor has made his mark. He spent more than two decades with the Scottish investment management firm Baillie Gifford, directing its premiere Scottish Mortgage Investment Trust and raking up gains of 1,700% in the process. He's now a managing partner at Lingotto Investment Management.He made his name by spotting early and betting heavily on some of the tech sector's most iconic companies, including Amazon, Tesla, and Nvidia (NASDAQ: NVDA), among others. So when Anderson talks, investors would do well to listen.Earlier this year, Anderson made a bold prognostication, saying that if the adoption of artificial intelligence (AI) continues at its current pace, Nvidia could be worth as much as $50 trillion 10 years from now. While that might seem a fantastical assertion at first glance, he makes a compelling case.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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