Cathie Wood, the renowned investor and founder of ARK Invest, has been making waves in the investment world with her bold and innovative stock picks. Here are 6 stocks that Cathie Wood is currently buying:
1. Tesla (TSLA) – Wood has been a long-time believer in the electric vehicle maker, citing its disruptive technology and potential for growth in the renewable energy space.
2. Square (SQ) – Wood has been bullish on Square for its innovative financial technology services, including its popular Cash App and Square Capital lending platform.
3. Teladoc Health (TDOC) – Wood sees Teladoc Health as a leader in telemedicine, a sector that has seen significant growth due to the COVID-19 pandemic and changing healthcare landscape.
4. Roku (ROKU) – Wood has expressed confidence in Roku’s streaming platform and advertising business, as more consumers shift towards online streaming services.
5. Zillow Group (ZG) – Wood is betting on Zillow Group’s technology-driven approach to real estate, particularly its Zillow Offers platform for buying and selling homes online.
6. Spotify Technology (SPOT) – Wood has been bullish on Spotify for its dominant position in the music streaming market and potential for growth in podcasts and other audio content.
These 6 stocks reflect Cathie Wood’s forward-thinking investment approach and her focus on disruptive technologies and innovative business models. Investors looking to follow Wood’s lead may want to consider adding these stocks to their portfolios.