3 Stocks Cathie Wood Is Buying That Should Be on Your List Too
ARK Invest CEO Cathie Wood stands out to investors for generating consistently outsized returns. Her Ark Innovation ETF (NYSEMKT: ARKK) has generated an average annualized return of 48% per year over the last five years. In recent weeks, she has gone bargain-hunting, picking up stocks that could boost her portfolio performance over time.
Admittedly, just because Wood finds a stock suitable does not necessarily mean every investor should consider a company a good fit. Nonetheless, Wood's recent purchases of growth stocks such as Palantir Technologies (NYSE: PLTR), Roku (NASDAQ: ROKU), and Teladoc Health (NYSE: TDOC) could serve most any type of long-term investor well.
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Source Fool.com
