1 AI Robotics Stock to Buy Before It Soars 160% to $2 Trillion, According to a Certain Wall Street Analyst
The "Magnificent Seven" stocks currently trade at their cheapest valuation premium versus the remaining 493 companies in the S&P 500 (SNPINDEX: ^GSPC) since 2017, according to Goldman Sachs. But none have fallen more sharply than Tesla (NASDAQ: TSLA). The stock is down 50% from its record high.However, senior research analyst Dan Ives at Wedbush Securities recently told Bloomberg that Tesla could be a $2 trillion company within 24 months. That forecast implies 160% upside from its current market value of $770 billion and a share price above $620.Here's what investors should know about Tesla.Continue reading
The "Magnificent Seven" stocks currently trade at their cheapest valuation premium versus the remaining 493 companies in the S&P 500 (SNPINDEX: ^GSPC) since 2017, according to Goldman Sachs. But none have fallen more sharply than Tesla (NASDAQ: TSLA). The stock is down 50% from its record high.
However, senior research analyst Dan Ives at Wedbush Securities recently told Bloomberg that Tesla could be a $2 trillion company within 24 months. That forecast implies 160% upside from its current market value of $770 billion and a share price above $620.
Here's what investors should know about Tesla.
