Better Cathie Wood Stock: Roku vs. Shopify
Roku (NASDAQ: ROKU) and (NYSE: SHOP) are two of Cathie Wood's favorite long-term holdings. The famed growth investor's flagship exchange-traded fund, the Ark Innovation ETF, holds Roku as its second-largest position (7.99% of its portfolio) and Shopify as its eighth-largest position (4.55%).
Both companies grew rapidly throughout the pandemic as consumers watched more streaming videos on Roku's devices and did more online shopping through Shopify-powered storefronts. But they both faced tough post-pandemic slowdowns as those tailwinds dissipated, and rising interest rates exacerbated that pressure by driving investors away from higher-growth stocks.
Image source: Getty Images.
Source Fool.com
Shopify Inc Aktie
67,30 €
-0,55 %
Bei der Aktie stehen derzeit 5 Buy-Einschätzungen 1 Sell-Einschätzungen gegenüber. Das Sentiment ist also durchaus positiv.
Ein Kursziel von 75 € für Shopify Inc signalisiert ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 67.3 €.
