3 Cathie Wood Stocks to Buy Now: May 2024
HOODRobinhood(HOOD) investorplace.com·2024-05-22 01:34

Cathie Wood’s ARK Invest funds were unstoppable in 2020 as investors piled into disruptive innovation stocks during the low-rate lockdown environment. After peaking in early 2021, the ARK funds — most notably the ARK Innovation Fund (NYSEARCA:ARKK) — went on a multi-year decline, eventually bottoming out at the tail end of 2022. Today, the technology sector bull market is alive and well, thanks in part to the generative artificial intelligence (gen AI) rush and hopes for future Fed rate cuts. Despite tech’s ...