2 Cathie Wood Growth Stocks to Buy Now
Cathie Wood is the founder and CEO of ARK Invest, an asset management firm focused on disruptive technologies. Wood's investing exploits have been getting a lot of attention lately. Wood's long-term mindset on stocks has helped her company's investments beat the broader market by a wide margin in recent years. In fact, the ARK Innovation ETF (NYSEMKT: ARKK) is up 510% since 2017, crushing the 98% return of the S&P 500 over the same timeframe.
More to the point, Teladoc (NYSE: TDOC) and Tesla (NASDAQ: TSLA) represent ARK's largest holdings in the ETF, comprising a total investment of $5.7 billion. Given that conviction, investors should take a closer look at these two growth stocks. Here's why I (and Cathie Wood) think Teladoc and Tesla could be long-term winners.
Source Fool.com