Admittedly, some of the more audacious analyst predictions can sound too good to be true. Relatively few stocks grow at triple-digit rates over a medium- or long-term time horizon, and such growth far exceeds the S 500's average annual return of around 10% per year.

However, before dismissing predictions involving the stocks picked by Cathie Wood and her team at Ark Invest, investors should keep its track record in mind.

Ark Invest first bought Bitcoin below $250 per coin and Tesla (NASDAQ: TSLA) when it typically sold for a split-adjusted price of approximately $13 per share. That history may justify taking the more daring analyst predictions seriously with Tesla, as well as Wood investments like Coinbase Global (NASDAQ: COIN) and Roku (NASDAQ: ROKU).

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Source Fool.com