Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Growth stocks are back in fashion, and Cathie Wood is diving in. The CEO of Ark Invest looks for aggressive growth stocks for her exchange-traded funds. Her style paid off in 2020, but backfired badly in 2021 and 2022. She is hoping to catch 2020 in a bottle again this year.
What's she picking up these days? Wood added to her existing positions in Coinbase Global (NASDAQ: COIN), Rocket Lab (NASDAQ: RKLB), and Cerus (NASDAQ: CERS) on Tuesday. Let's look at a closer look at the stocks she is buying.
One of this young week's biggest losers is Coinbase. The leading cryptocurrency exchange has plummeted 20% over the first two trading days of the week.
Source Fool.com