Cathie Wood Just Keeps Buying More of This Magnificent AI Stock
She's at it again: Cathie Wood, the head of Ark Invest, is snapping up shares of (NASDAQ: TSLA) with purchases worth more than $160 million so far in 2024.
Is it a brilliant move or a huge mistake? Here's what you need to know.
As noted above, Wood and her team have purchased over $160 million worth of Tesla stock since the start of the year. Wood's flagship fund, the ARK Innovation ETF (NYSEMKT: ARKK), now owns about $640 million of Tesla stock, making the company the fund's second-largest holding behind Coinbase.
Source Fool.com
Tesla Inc Aktie
204,35 €
0,99 %
Leichtes Buy-Interesse bei Tesla Inc, mit mehr Buy- als Sell-Einschätzungen.
Das Community-Kursziel von 245 € für Tesla Inc deutet auf ein leicht positives Wachstumspotenzial gegenüber 204.35 € hin.
