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.

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Source Fool.com