Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
You have to applaud Cathie Wood's all-weather transparency. The co-founder, CEO, and ace stock picker of the Ark Invest exchange-traded funds (ETFs) announces all of her transactions at the end of every trading day. Investors knew what she was buying and selling in 2020 when her flagship funds would go on to more than double. She's still putting out the daily updates now when her ETFs are badly lagging the market.
What is she buying these days? Wood kicked off the new trading week by adding to her existing stakes in Adobe (NASDAQ: ADBE), Velo3D (NYSE: VLD), and General Motors (NYSE: GM) on Monday. Let's see why she's building up her positions in these three names.
Image source: Getty Images.
Source Fool.com
