Cathie Wood Shuffles Her Tech Deck: Continues Dumping Tesla And Palantir, Stocks Up On AMD And Meta – Benzinga
Cathie Wood, the renowned investor, has recently made some significant changes to her tech stock portfolio. She has been reducing her holdings in Tesla and Palantir, while increasing her investments in AMD and Meta. Wood’s moves have caught the attention of many in the investment world.
Wood’s decision to sell off some of her Tesla and Palantir shares may come as a surprise to some, as both companies have been popular picks among investors. However, Wood has been known for her bold moves and willingness to shake up her portfolio when she sees fit.
On the flip side, Wood’s increased interest in AMD and Meta is worth noting. AMD, a semiconductor company, has been performing well in the market, and Wood seems to see potential in its future growth. Meta, formerly known as Facebook, is another stock that Wood has been bullish on recently.
Overall, Cathie Wood’s recent portfolio changes show her willingness to adapt to market conditions and her confidence in certain tech stocks. It will be interesting to see how these moves play out in the coming months.