Cathie Wood Thinks This Streaming Stock Will Jump 747%. Is She Right?
Ark Invest CEO Cathie Wood is known for making bold stock calls.
In 2018, she predicted Tesla would hit $4,000 a share, which seemed far-fetched at the time, but that prediction came true as Tesla reached that price on a split-adjusted basis in 2021.
Tesla is the biggest holding in Ark Invest's flagship Ark Innovation ETF (NYSEMKT: ARKK), but Wood also has high expectations for the next-biggest holding in the fund, Roku (NASDAQ: ROKU).
Source Fool.com