2 Cathie Wood Stocks That Might Be Smart Buys Right Now
Investors have shown a lot of interest in thematic exchange-traded funds (ETFs) since 2019. These funds focus on specific themes or sectors expected to grow rapidly in the future. One of the prominent players in this space is ARK Invest, headed by Cathie Wood. Wood invests in disruptive innovation in fields such as biotechnology, fintech, telecommunications, and more.
Many of her thematic ETFs have achieved remarkable returns this year. However, they also have high expenses due to their active management approach and high volatility due to the early-stage nature of many of the companies in these funds. However, her ARK Invest funds can still be a useful source of ideas for investors who do not want to pay high fees or own an actively managed ETF.
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Source Fool.com
