Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood bounced back in 2023 after back-to-back years of disappointment. The CEO and co-founder of Ark Invest is trying to keep her winning streak going as an aggressive growth-stock investor this year. She's been adding to some of her existing positions in 2024, including a few notable purchases on Monday.
Wood kicked off the new trading week by adding to her stakes in Nu (NYSE: NU), (NASDAQ: MELI), and Toast (NYSE: TOST). Let's see what she might be seeing in these promising growth stocks.
Nubank may not be a household name to stateside investors, but it's a fintech juggernaut in Brazil. Its parent company Nu reached an important milestone in its latest quarter, with 84 million of its 89.1 million accounts based in its home country.
Source Fool.com
Mercadolibre Inc Stock
The stock is an absolute favorite of our community with 31 Buy predictions and no Sell predictions.
With a target price of 1956 € there is a slightly positive potential of 1.61% for Mercadolibre Inc compared to the current price of 1925.0 €.
