2 Cathie Wood Growth Stocks Up 30% or More to Buy and Hold for 10 Years
While 2022 was a bit of a horror show for Cathie Wood's exchange-traded funds (ETFs), things are looking up this year. The Ark Invest CEO has seen all of her firm's eight funds outperform the market year to date.
It's too soon to know whether this outperformance will persist for the rest of 2023, but some companies that are among her favorite holdings have excellent long-term prospects, regardless of what happens to their shares this year. Among them are Block (NYSE: SQ) and Roku (NASDAQ: ROKU), two stocks that are worth holding onto for the next decade.
Shares of fintech specialist Block are already up 35% year to date, but that's not even close to the best reason to consider investing in the company, at least not for those with a long-term mindset. Instead, investors should look at Block's lucrative Square and Cash App platforms.
Source Fool.com
