Why this stock could be a 10-bagger

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Livewire Markets

When Tesla was in the doldrums and much of the market threw in the towel on the company, Tasha Keeney of ARK Invest bet against the crowd and made the electric car maker the largest position in one of the strategies managed by ARK. She copped an immense amount of flak on CNBC from bearish commentators for her initial $4,000 price target and the underpinning thesis. Given the company’s turnaround, Keeney is now seen as one of the most credible analysts on the company. She stopped by Livewire’s offices to discuss two key trends that, in her view, will see Tesla’s share price motor to new heights.

Not everyone sees the next big thing coming

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Disclaimer: This article is for informational purposes only and should not be considered financial advice. The article may contain the views or opinions of third party contributors to Livewire Markets. These contributors have not considered your objectives, financial situation, or needs. The information in this article should not be relied upon as a substitute for personal financial advice. Livewire Markets recommends that you seek independent advice before you apply for any financial product or service. Livewire Markets is exempt from requiring an AFSL under ASIC Regulatory Guide 36, section 66.

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