Cathie Wood Goes Bargain Shopping: 3 Growth Stocks She Just Bought
Noted tech investor Cathie Wood has developed a loyal following in recent years. Despite the massive decline in the Ark Innovation ETF and her other funds recently, Ark Invest funds continue to attract new buyers, partially through that fund's long-term success.
Wood also sees many innovation platforms progressing simultaneously in what she calls the greatest period of transformation since the early 1900s. She believes emerging industries can drive a compound annual growth rate (CAGR) of 30% over the next 10 years.
She has added to many of her positions to capitalize on this innovation and depressed stock prices. Stockholders might be well served to follow her lead and make investments in three Wood growth stock holdings: Roku (NASDAQ: ROKU), Twilio (NYSE: TWLO), and Unity Software (NYSE: U). Let's look at each.
Source Fool.com
