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3 Cathie Wood Stocks Wall Street Thinks Can Soar 60% to 129%

TheMotleyFool

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3 Cathie Wood Stocks Wall Street Thinks Can Soar 60% to 129%: https://g.foolcdn.com/editorial/images/718384/scientists-in-a-lab-smiling.jpg

Cathie Wood is roaring back. Her flagship ARK Innovation ETF (NYSEMKT: ARKK) plunged 67% last year. But so far in 2023, the exchange-traded fund is up nearly 40%.

This impressive performance could be just the warm-up. Analysts are especially bullish about some of ARK Innovation ETF's holdings. Here are three of Wood's ARK stocks that Wall Street thinks can soar 60% to 129% over the next 12 months.

Wood definitely likes gene-editing stocks. ARK Innovation ETF owns four of them right now. Beam Therapeutics (NASDAQ: BEAM) ranks as the 14th-largest holding in the ETF's portfolio.

Source Fool.com

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