Cathie Wood Says Robotaxis Are the Investment Opportunity of a Lifetime, and Ark Is Betting Big on 2 Artificial Intelligence (AI) Growth Stocks
Cathie Wood recently said robotaxis are "one of the most important investment opportunities of our lifetimes." Her asset management company, Ark Invest, is leaning into that opportunity with sizable positions in Nvidia (NASDAQ: NVDA) and (NASDAQ: TSLA).
The chipmaker accounts for $87 million of its $12.2 billion portfolio, while the electric carmaker accounts for $993 million. In other words, Ark has allocated about 0.7% of its assets to Nvidia and more than 8% to Tesla.
Here's what investors should know about these artificial intelligence growth stocks.
Source Fool.com
Tesla Inc Stock
€214.45
5.930%
Currently there is a rather positive sentiment for Tesla Inc with 74 Buy predictions and 28 Sell predictions.
As a result the target price of 248 € shows a slightly positive potential of 15.64% compared to the current price of 214.45 € for Tesla Inc.
