Can These Cathie Wood Stocks Keep Climbing?
Around here, we like to say that stock markets fall faster than they rise but they rise more than they fall. Cathie Wood, the CEO of Ark Invest, has had to take some lumps as many of her favorite stocks have fallen hard. Now it looks as if the innovation-heavy stocks that form the cornerstone of Ark Invest's popular exchange-traded funds (ETFs) are mounting a steady comeback.
Patient investors who have held on to shares of Robinhood Markets (NASDAQ: HOOD), Matterport (NASDAQ: MTTR), and Joby Aviation (NYSE: JOBY), through the turmoil were rewarded with some significant gains last week. Here's why Wood thinks those stocks can continue delivering eye-popping returns.
Image source: Getty Images.
Source Fool.com
