3 Stocks That Cathie Wood Bought on Tuesday
The generally rising market over the past few weeks have awakened the spirits of growth investors, and that's naturally also a wake-up call for Cathie Wood. The CEO, co-founder, and ace stock picker at Ark Invest was particularly busy on Tuesday, adding to 10 of her existing positions across her family of aggressive growth exchange-traded funds.
I want to take a closer look at three of those expanded positions. Ark Invest bought some more Taiwan Semiconductor Manufacturing (NYSE: TSM), Airbnb (NASDAQ: ABNB), and Advanced Micro Devices (NASDAQ: AMD) on Tuesday. Let's check out what Wood is buying this week.
Tech investors know that Taiwan Semiconductor Manufacturing is the world's largest foundry, commanding two-thirds of the global pure-play foundry market. It may not be a household name outside of tech circles, but it's still the eighth most valuable company by market cap among U.S. exchange-listed stocks.
Source Fool.com
