Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
There's no rest for Cathie Wood during a holiday-abridged trading week. The widely followed founder, CEO, and chief investment officer of Ark Invest aggressively added to her exchange-traded funds' portfolios on Wednesday after the markets reopened from their observance of Independence Day.
Wood added to her positions in nearly a dozen different stocks on Wednesday, but among her more interesting purchases were (NASDAQ: ROKU), Nextdoor (NYSE: KIND), and Meta Platforms (NASDAQ: META).
Roku may be a four-letter word to investors who bought the stock when it was approaching $500 two summers ago, but those who picked up the shares more recently have good reason to be giddy about it. The stock has soared by 60% in 2023, despite a dramatic slowdown in its once-torrid growth.
Source Fool.com
Roku Stock
Currently there is a rather positive sentiment for Roku with 29 Buy predictions and 7 Sell predictions.
With a target price of 93 € there is a hugely positive potential of 75.57% for Roku compared to the current price of 52.97 €.
