Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Tuesday was a good day for the kind of growth stocks that Cathie Wood likes to buy. The co-founder and CEO of ARK Invest saw her largest exchange-traded fund (ETF) soar 9% on the first trading day of the holiday-abridged trading week. She also added to some of her beaten-down positions.
ARK Invest added to her stakes in Twilio (NYSE: TWLO), Velo3D (NYSE: VLD), and Coinbase Global (NASDAQ: COIN), stocks that are down 78%, 89%, and 84%, respectively, from their 52-week highs. Let's see why she added to her positions in all three investments on Tuesday.
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Source Fool.com
