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12% of Cathie Wood's Portfolio Is Invested in These 2 Growth Stocks

TheMotleyFool

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12% of Cathie Wood's Portfolio Is Invested in These 2 Growth Stocks: https://g.foolcdn.com/editorial/images/687563/investor-30.jpg

Ark Invest CEO Cathie Wood became a sensation during the pandemic. In 2020, the Ark Innovation ETF skyrocketed 149%, fueled by its exposure to growth stocks across a range of trendy industries, from e-commerce and communications software to telemedicine and electric vehicles. Despite falling 68% from its high, the Ark Innovation ETF has still outperformed the broader S&P 500 since its inception in 2014.

Tesla (NASDAQ: TSLA) and Zoom Video Communications (NASDAQ: ZM) currently comprise more than 12% of Ark's portfolio across all of its ETFs, implying high conviction in both companies. Should those stocks be part of your portfolio?

Source Fool.com

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