Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood may or may not be a fan of playground equipment, but there's no denying that she always has her eyes on slides. The Ark Invest founder, CEO, and stock picker has a habit of adding to her positions when they fall out of favor. She was in stride on the final trading day of last week.
Ark bought only three stocks on Friday, adding to her existing stakes in CrowdStrike Holdings (NASDAQ: CRWD), Oklo (NYSE: OKLO), and GitLab (NASDAQ: GTLB). CrowdStrike plummeted 11% after experiencing a debilitating outage. Oklo and GitLab inched marginally higher on Friday, but the stocks are down 18% and 15% respectively so far this year.
Will these three stocks bounce back? Let's take a closer look at Wood's three latest buys.
Source Fool.com
CrowdStrike Holdings Inc Stock
The stock is an absolute favorite of our community with 149 Buy predictions and no Sell predictions.
As a result the target price of 325 € shows a positive potential of 33.2% compared to the current price of 244.0 € for CrowdStrike Holdings Inc.