Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood has been busy this week. The Ark Invest co-founder, CEO, and ace stock picker added to five of her existing growth stocks on Wednesday. I covered two of those names yesterday. Let's dive into the other three purchases.
What's she buying now? Some of the names on her Wednesday shopping list included Advanced Micro Devices (NASDAQ: AMD), Pinterest (NYSE: PINS), and Intellia Therapeutics (NASDAQ: NTLA). Let's take a closer look at some of her latest additions.
Unlike most plays on surging demand for AI chips, AMD is trading slightly lower in 2024. The stock has shed a quarter of its value since peaking in February, even after posting better-than-expected results this week.
Source Fool.com
Advanced Micro Devices Inc. Stock
€122.88
-7.920%
With 88 Buy predictions and 2 Sell predictions Advanced Micro Devices Inc. is one of the favorites of our community.
As a result the target price of 175 € shows a positive potential of 42.42% compared to the current price of 122.88 € for Advanced Micro Devices Inc..
