Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

Cathie Wood is finding it hard to catch 2020 in a bottle again. The growth investor who became a market icon as the co-founder and CEO of the popular Ark Invest exchange-traded funds (ETFs) has been losing more than winning these days. Her investing style seemed to be marching back into fancy earlier this summer, but her most popular ETF has surrendered 22% of its value just over the last three weeks. 

She's not one to shy away from fire sales, so it's not a surprise to see her adding to her positions in DraftKings (NASDAQ: DKNG), Zoom Video (NASDAQ: ZM), and Twilio (NYSE: TWLO) on Tuesday. Let's see why she's building up her stakes in these three names.

Image source: Getty Images.

Continue reading


Source Fool.com