Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood is enjoying her comeback year. The founder, CEO, and chief investment officer of Ark Invest isn't back to her blowout performance of 2020, but after back-to-back years of brutal returns, Wood is beating the market again in 2023. Her flagship fund is up 22% this year.
What is she buying these days? Ark puts out its daily transactions. She added to her positions in Block (NYSE: SQ), Genius Sports (NYSE: GENI), and Teladoc Health (NYSE: TDOC) on Monday. Let's take a closer look.
Wood's feast and famine over the past couple of years parallels the highs and lows of fintech, in general, and Block, in particular. Investors poured into the the next-gen players that are making digital payments accessible to the masses in 2020.
Source Fool.com
