A Bull Market Is Coming: These 2 Cathie Wood Stocks Could Skyrocket
The three major indexes wandered into bear territory last year -- and the market downturn still isn't over. But there is one very bright spot in this picture: A bull market is coming. That's because these times of market growth always follow bear markets.
Superstar investor Cathie Wood is prepared. She's invested in many innovative, high-growth players that may have suffered during the tough times but could take off in a bull market. These stocks are likely to advance because they're leaders in high-growth markets and have track records of revenue growth. The companies also are positioning themselves now for success later. Let's check out two of these stocks that could skyrocket in a bull market.
Teladoc Health (NYSE: TDOC) is one of Cathie Wood's top 10 holdings in her ARK Genomic Revolution ETF. The company disappointed last year after recording billion-dollar, non-cash goodwill impairment charges linked to an acquisition. As a result, the shares plummeted.
Source Fool.com