1 AI Robotics Stock to Buy Before It Soars 285% to $5 Trillion, According to a Wall Street Expert
Billionaire Ron Baron is the founder and CEO of Baron Capital, an asset management company that oversees several mutual funds. The Baron Partners Fund returned 29% annually over the last five years, while the S&P 500 (SNPINDEX: ^GSPC) returned 15% annually over the same period.Tesla (NASDAQ: TSLA) has consistently been the largest position in the portfolio. As of December 2024, it accounted for 41% of the fund, up from 38% in the prior year. And Ron Baron remains bullish. He recently told CNBC that Tesla may be worth $5 trillion within a decade. That prediction implies 285% upside from its current market value of $1.3 trillion.Baron sees the catalysts for that price appreciation in autonomous driving technology and robotics. Here are the important details.Continue reading
Billionaire Ron Baron is the founder and CEO of Baron Capital, an asset management company that oversees several mutual funds. The Baron Partners Fund returned 29% annually over the last five years, while the S&P 500 (SNPINDEX: ^GSPC) returned 15% annually over the same period.
Tesla (NASDAQ: TSLA) has consistently been the largest position in the portfolio. As of December 2024, it accounted for 41% of the fund, up from 38% in the prior year. And Ron Baron remains bullish. He recently told CNBC that Tesla may be worth $5 trillion within a decade. That prediction implies 285% upside from its current market value of $1.3 trillion.
Baron sees the catalysts for that price appreciation in autonomous driving technology and robotics. Here are the important details.
