Cathie Wood Parties Like It's 2021: 3 Stocks She Just Bought
Cathie Wood kicked off the holiday-abridged trading week with an appetite for equities. The Ark Invest co-founder, CEO, and iconic stock picker added to a few of her larger positions on Tuesday. We know what she's buying and selling because she puts out a summary of her transactions at the end of every market day.
What's she collecting these days? Wood added to her stakes in (NYSE: TWLO), Teladoc Health (NYSE: TDOC), and Zoom Video Communications (NASDAQ: ZM) on Tuesday. Let's look at a closer look at the stocks she is buying.
Shares of Twilio have moved higher this year, but the 37% year-to-date gain doesn't feel as earned as some of the other more pronounced tech stock bounces of 2023. It doesn't help that one of its larger moves higher -- three weeks ago -- came on reports of an activist investor pushing for changes. It's only a short-term catalyst when the bullish development is that a vocal shareholder feels you're not doing enough.
Source Fool.com
Twilio Inc Stock
Currently there is a rather positive sentiment for Twilio Inc with 16 Buy predictions and 3 Sell predictions.
With a target price of 67 € there is a positive potential of 23.39% for Twilio Inc compared to the current price of 54.3 €.
