Cathie Wood Is Buying These Top Growth Stocks -- and Both Could Make You Richer Over Time
Cathie Wood's Ark Invest targets the companies of the future to derive massive growth. Stocks like Amazon and Netflix brought massive returns for their investors by pioneering new industries, and Wood believes that similar pioneers today could eventually deliver impressive gains shareholders.
In particular, Wood and her team seek stocks it hopes will transform their respective industries. Wood's investments in Zoom Video Communications (NASDAQ: ZM) and Twilio (NYSE: TWLO) hold such potential.
It may look like Zoom's time in the sun has come and gone. The stock boomed during the COVID-19 pandemic as people scrambled for a method of communication that was affordable, workable, and safe during the pandemic lockdowns. Consequently, Zoom stock boomed during this time, reaching an intraday peak of almost $589 per share in the fall of 2020.
Source Fool.com
Netflix Inc. Stock
Currently there is a rather positive sentiment for Netflix Inc. with 81 Buy predictions and 5 Sell predictions.
As a result the target price of 650 € shows a slightly positive potential of 2.14% compared to the current price of 636.4 € for Netflix Inc..
