3 Stocks Cathie Wood Is Buying That Should Be on Your List Too
Cathie Wood became one of the more recognizable names on Wall Street due to her preference for high-growth tech stocks and perceived industry disruptors. Her flagship exchange-traded fund (ETF), Ark Innovation ETF (NYSEMKT: ARKK), was one of the early investors in innovative tech companies like Tesla, Zoom Video Communications, and Block.
Wood isn't much of a buy-and-hold investor. Her firm, Ark Invest, trades frequently, and investors often follow its moves due to its popularity. While that isn't always a good thing, here are three stocks that Wood is buying that you should consider adding for the long term.
(NYSE: TWLO) is a company that people indirectly interact with more than they probably realize. Its communication platform as a service (CPaaS) powers chat, voice, email, and video communication for widely used apps like Uber, Airbnb, and Instacart.
Source Fool.com
Twilio Inc Stock
Currently there is a rather positive sentiment for Twilio Inc with 16 Buy predictions and 3 Sell predictions.
With a target price of 67 € there is a positive potential of 23.39% for Twilio Inc compared to the current price of 54.3 €.
