Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Momentum is back for the growth-investing style that Cathie Wood has championed as the founder, CEO, and ace stock picker at Ark Invest. Her firm's exchange-traded funds (ETFs) are beating the market early in 2023, just as they did in 2020 when Wood became a market celebrity. Things didn't go so well in 2021 and 2022, but can the turnaround stick this time?
Ark Invest provides daily updates on transactions. Some of the names that Wood bought on Wednesday include Roku (NASDAQ: ROKU), Tesla (NASDAQ: TSLA), and Coinbase Global (NASDAQ: COIN). They were already some of her largest positions, but she's adding to those stakes. Let's take a closer look at her Wednesday shopping haul.
Your living room is the new movie theater, and you're spending a lot of time streaming movies and TV shows from the comfort of your couch. Roku pioneered the medium, and it's the undisputed top dog in this niche.
Source Fool.com
