Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood's investing style is back in fashion this year. The founder, CEO, and chief investment officer of Ark Invest is having a good year, bouncing back in a major way after a brutal run in 2021 and 2022. She posts her daily transactions at the end of every trading day, and she was particularly busy to kick off the new week.
What was Wood buying on Monday? She added to her existing positions in (NYSE: TWLO), SoFi Technologies (NASDAQ: SOFI), and Meta Platforms (NASDAQ: META). Let's take a closer look at these three purchases.
It's not just Ark Invest funds that are bouncing back this year. Shares of Twilio have moved 36% higher in 2023, but it still has a long way to go before recovering its sharp slide through the two previous years. The stock is still 85% below its all-time high set more than two years ago.
Source Fool.com
Twilio Inc Stock
Our community is currently high on Twilio Inc with 18 Buy predictions and 3 Sell predictions.
As a result the target price of 70 € shows a positive potential of 24.31% compared to the current price of 56.31 € for Twilio Inc.
