3 Stocks Cathie Wood Is Buying Now That Should Be on Your List, Too
Cathie Wood's fame as a star stock picker has taken a hard hit this year. Wood is an advocate of disruptive innovation, and therefore owns some of the highest-flying growth stocks in her ARK Invest group of exchange-traded funds (ETFs). With growth stocks plunging in this bear market, Wood's net worth has eroded as well.
But she seems unperturbed and is, in fact, using the market sell-off to double down on some of her highest-conviction stocks. Here are three that she is buying right now that you want to put on your list, too.
Global sales of electric vehicles (EVs) doubled to a record 6.6 million units in 2021, and the momentum continues. EV sales climbed 75% year over year in the first quarter this year, according to the International Energy Agency.
Source Fool.com
