Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
These are challenging times for Cathie Wood's style of investing. The co-founder, CEO, and investor at Ark Invest finds her family of aggressive growth exchange-traded funds losing to the market for the third time in four years in 2024. Can she get back on track? She is certainly not standing still.
Ark Invest made plenty of moves on Tuesday, adding to nine of her existing positions. (NASDAQ: ROKU), Blade Air Mobility (NASDAQ: BLDE), and PagerDuty (NYSE: PD) are some of the names on that shopping list. Let's take a closer look.
It's not just Roku's 81.6 million households that are binge viewing on Roku. Wood has added to her position for four consecutive trading days. Is "binge investing" a thing? Ark Invest now owns more than 9% of Roku's total shares outstanding.
Source Fool.com
Roku Stock
Our community is currently high on Roku with 34 Buy predictions and 7 Sell predictions.
As a result the target price of 93 € shows a very positive potential of 50.51% compared to the current price of 61.79 € for Roku.
