3 Cathie Wood Stocks That Could Deliver Bigger Gains Than the Market
Cathie Wood continues to challenge conventional wisdom. She believes the Federal Reserve has tightened too aggressively and will have to reverse course sooner than anticipated.
She also thinks that innovation leaders will be the first stocks to emerge from this downturn. If she's correct, Roku (NASDAQ: ROKU), Zoom Video Communications (NASDAQ: ZM), and Block (NYSE: SQ) are three top Ark Innovation ETF holdings that should lead the way.
Television is switching to streaming, and Roku has placed itself in the center of that trend. While it may appear to merely aggregate all the streaming channels on to one platform, its strength from the investor perspective is advertising. Since its site caters most strongly to advertisers, Roku gives programming providers an outlet for revenue generation as broadcast TV transitions to streaming.
Source Fool.com