Cathie Wood’s ARK Invest recently made some changes to its portfolio by adding AMD stock and selling Tesla and Palantir stock. This move comes as part of ARK’s strategy to stay ahead in the rapidly changing market. Wood’s decision to add AMD stock shows her confidence in the company’s potential for growth in the tech sector. On the other hand, selling Tesla and Palantir stock indicates a shift in ARK’s investment focus. These changes reflect Wood’s proactive approach to managing ARK’s portfolio and adapting to market trends. Investors will be watching closely to see how these moves impact ARK’s performance in the upcoming months.
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