3 Stocks Cathie Wood Bought Last Week
It was a busier than usual week for Cathie Wood. The Ark Invest architect -- check that, Ark-itect -- had an itchy trigger finger on the trading floor. The founder, CEO, and primary stock picker at Ark Invest is hoping to bounce back from a rough start in 2024.
Wood added to her existing positions in Palantir (NYSE: PLTR), Pinterest (NYSE: PINS), and Spotify (NYSE: SPOT) last week. on Tuesday. Let's take a closer look at the stocks she just bought.
A lot of Wood's top holdings have been losing to the market, but Palantir has been a standout. Shares of the intelligence community software developer have soared 42% this year, after more than doubling in 2023. Palantir stock has now more than tripled since the start of last year.
Source Fool.com
