Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood has become the best-known fund manager for risk-tolerant growth investors. Her penchant for unearthing disruptive stocks has made Wood -- as ARK Invest's CEO, chief investment officer, and founder -- a name for investors to watch. Her exchange-traded funds were among last year's biggest gainers, and after a rough start in 2021, ARK Invest is starting to find its groove.
Every pick isn't a winner for Wood, but ARK Invest isn't afraid to buy stocks that Wood believes in when they take a hit. On Thursday, she added to her stakes in Twilio (NYSE: TWLO), Teladoc Health (NYSE: TDOC), and Robinhood Markets (NASDAQ: HOOD). Twilio and Robinhood were hit hard after reported quarterly results this week. Teladoc moved higher after reporting but is trading well below its all-time high. Let's take a closer look.
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Source Fool.com
