1 Top Growth Stock to Buy Before It Soars 1,540%, According to Cathie Wood's Ark Invest
Cathie Wood is the chief investment officer at Ark Invest, an asset management company focused on disruptive innovation. The company manages several thematic exchange-traded funds (ETFs) focused on technologies such as streaming media, digital advertising, and mobile applications.
(NASDAQ: ROKU) is the fourth largest holding across all of Ark's various funds, and it accounts for 5.6% of the company's invested assets. A valuation model published by Wood and her team posits a bull-case price target of $1,493 per share by 2026, implying a 1,540% upside from its current price.
Here's what investors should know.
Source Fool.com
Roku Stock
€52.97
0.000%
Our community is currently high on Roku with 29 Buy predictions and 7 Sell predictions.
As a result the target price of 93 € shows a very positive potential of 75.57% compared to the current price of 52.97 € for Roku.
