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3 Cathie Wood Stocks to Buy and Hold for 5 Years

TheMotleyFool

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3 Cathie Wood Stocks to Buy and Hold for 5 Years

Cathie Wood's strategy of buying emerging growth tech stocks served her well before 2021. However, the bear market has led to a 69% decline in the flagship Ark Innovation ETF over the last year.

Nonetheless, this fund had outperformed the market before the downturn. As more Cathie Wood investments make a likely recovery, Block (NYSE: SQ), Roku (NASDAQ: ROKU), and Zoom Video Communications (NASDAQ: ZM) will probably drive a significant portion of the returns.

Block is approximately 5% of Cathie Wood's Ark Innovation ETF. Wood has enthusiastically supported its co-founder, Jack Dorsey. His support for Bitcoin and developing blockchain technologies drew her backing.

Source Fool.com

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