Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood isn't afraid to go fishing in the rain. The CEO and co-founder of ARK Invest was buying stocks on Thursday during the market deluge. She's had a rough run since a highly rewarding 2020 for her family of exchange-traded funds (ETFs). You have to respect someone that's still looking to buy falling growth stocks when the market is at its worst.
What was she buying this time? Wood added to her existing stakes in Shopify (NYSE: SHOP), Roku (NASDAQ: ROKU), and Sea Limited (NYSE: SE) on Thursday. Let's see what she may be seeing in these former market darlings that have fallen on hard times.
Image source: Getty Images.
Source Fool.com
