3 Cathie Wood Stocks to Buy and Hold for 10 Years
Cathie Wood's ARK Invest exchange-traded funds (ETFs) suffered a meltdown in 2021 as her tech-laden funds saw the market largely rotate away from the sector.
That doesn't mean she's not a sharp investing guru; she's certainly still worth watching. Although her ETFs lost an average of 15% last year compared to a 27% gain by the S&P 500 (double its historical average), Wood's funds have an index-beating return over time. ARK Innovation (NYSEMKT: ARKK) is up 327% over its lifetime versus a 122% gain by the market benchmark, ARK Autonomous Technology & Robotics (NYSEMKT: ARKQ) has gained 273%, and ARK Next Generation Internet (NYSEMKT: ARKW) has tacked on 451%.
While no investors should blindly follow the stock picks of any investing sage (not even Warren Buffett) without doing their own due diligence on the companies first, seeing the stocks a guru has picked is a good way to generate ideas. That's why you should consider examining the following trio of stocks more closely.
Source Fool.com
