Cathie Wood's Ark Invest Is Selling Tesla and Nvidia, and Buying 2 Artificial Intelligence (AI) Growth Stocks
Cathie Wood's Ark Invest sold shares of and Nvidia throughout the third quarter. The innovation-focused asset management firm still has sizable positions in both companies, but with Tesla stock up 80% and Nvidia stock up 210% year to date, Ark presumably wanted to rebalance its portfolio.
In any case, the firm redeployed some capital across two other artificial intelligence (AI) stocks: Palantir Technologies (NYSE: PLTR) and Cloudflare (NYSE: NET). The former now accounts for 1.3% of its invested assets, and the latter accounts for 0.2% of its invested assets.
Read on to learn more about these AI growth stocks.
Source Fool.com
Tesla Inc Aktie
202,35 €
-0,52 %
Leichtes Buy-Interesse bei Tesla Inc, mit mehr Buy- als Sell-Einschätzungen.
Für Tesla Inc sieht die Community ein Kursziel von 245 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 202.35 € bedeutet.
