2 Cathie Wood Stocks That Are Top Buys for Long-Term Investors
Cathie Wood has gained prominence as an investor focusing on disruptive technologies. Her flagship fund, the ARK Innovation ETF (NYSEMKT: ARKK), is known for its volatility and relatively high expense ratio of 0.75%. Despite Wood's reputation as a skilled stock picker, the fund has severely underperformed the S&P 500 over the past five years (see graph below). Nevertheless, the ARK Innovation ETF can be a valuable source of growth stock ideas for investors with a long-term perspective.
ARKK Total Return Level data by YCharts.
Source Fool.com