3 Hot Stocks Cathie Wood Bought Last Week
Cathie Wood was busy last week. The CEO, co-founder, and primary stock picker for the Ark Invest family of exchange-traded funds (ETFs) made several portfolio moves. Ark publishes its portfolio transactions daily, giving investors refreshing transparency into what the widely followed money manager is doing.
What is Wood adding to her portfolios these days? She added to her stakes in UiPath (NYSE: PATH), The Trade Desk (NASDAQ: TTD), and Nu (NYSE: NU) last week. What does she see in these three stocks that have risen by more than 70% since the start of last year? Let's take a closer look.
The case for embracing robotics in the workplace keeps getting louder. Human labor costs are rising. The global manpower shortages during the pandemic were a wake-up call for leaning on the efficiencies and reliability of automation. As a leader in cloud-first software solutions for robotics and automation, UiPath is a tale of two starting lines.
Source Fool.com
