Cathie Wood's Latest Moves: Bargain Hunting, Thematic Investing, and Fund Adjustments
TL;DR Summary
Cathie Wood, CEO of Ark Invest, has been adding to her positions in Teladoc Health, Roblox, and Rocket Lab. Teladoc Health, despite hitting a 52-week low, remains one of Wood's largest holdings. Roblox, an online gaming specialist, experienced a dip in daily active users but continues to grow. Rocket Lab saw a drop in its stock price after one of its rockets exploded, but its history of safe launches and potential for revenue generation in the space exploration industry suggests a bounce back. Wood's strategic buying reflects her confidence in these stocks.
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- View Full Coverage on Google News
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