Meet the Supercharged Growth Stock That's One of This Year's Big Winners. The Company Could Hit $50 Trillion by 2034, According to 1 World-Renowned Analyst

The name James Anderson might not ring any bells with U.S. investors, but his track record and investing acumen are well documented. The legendary investor was a rock star at Scottish investment management firm Baillie Gifford for more than 40 years. He was in charge of the premier Scottish Mortgage Investment Trust for over two decades, generating returns of more than 1,700% during his term.Anderson secured his legacy early on, recognizing the dramatic growth potential of then early stage companies, including Netflix, Amazon, Tesla, and Nvidia (NASDAQ: NVDA), delivering considerable profits for investors along the way. Given his track record, when Anderson talks, investors should listen.Most experts agree that the adoption of artificial intelligence (AI) is still in its early stages, and if the trend continues, Nvidia's market cap could surge to as much as $50 trillion by 2035, according to Anderson. While that might seem improbable on its face, Anderson's reasoning is worth a look.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool