Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

After back-to-back years of crushing returns, Cathie Wood and the Ark Invest family of exchange-traded funds (ETFs) she runs are bouncing back in 2023. Her most popular ETF is up 5% after the first five trading days of the year. It may not seem like a lot, but Wood is beating the market for a change.

Ark Invest went shopping on Monday, adding to some of Wood's hardest-hit stocks. Adobe (NASDAQ: ADBE)Tesla (NASDAQ: TSLA), and Global-e Online (NASDAQ: GLBE) are three of the existing positions that she added to on Monday. Let's take a closer look.

You don't need Photoshop to make Adobe look good. It is an unfiltered portrait of steady growth, recently wrapping up its eighth consecutive fiscal year of double-digit revenue growth. A healthy trickle of subscription revenue will work that kind of smoothing magic. 

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Source Fool.com