Cathie Wood Goes Dumpster Diving: 3 Stocks She Just Bought
Cathie Wood runs one of the most popular tech stock funds, the ARK Innovation Fund (NYSEMKT: ARKK), with more than $19 billion under management. This fund is not only popular, but it is also soundly beating the S&P 500 with a five-year return of 39% annually (as of Sept. 30). Cathie Wood runs this fund and seven other tech-focused funds that are popular with growth investors. One of the things that makes her a popular investor to follow is that all the buys and sells from these funds are published daily.
Since she has a history of picking high-tech stocks at good prices, we asked three Motley Fool contributors to highlight one company that her funds have purchased recently that investors should consider adding to their portfolio.
They came up with Meta Platforms (NASDAQ: FB), Palantir (NYSE: PLTR), and Twilio (NYSE: TWLO).
Source Fool.com