World’s Biggest Solo Stock-Picker Is Having Best Year Since 1991

What You Need To Know

• Will Danoff's Fidelity Contrafund has returned 41% so far in 2024.
• The sheer size of Contrafund, at $155 billion in assets, magnifies the key-man risk associated with Danoff's role, a Morningstar analyst says.
• Some analysts caution that Danoff’s recent performance has hinged on Meta and Nvidia.