Cathie Wood Goes Bargain-Hunting: 3 Stocks She Just Bought
It's hard to buy disruptors when the market itself is being upended. Cathie Wood's Ark Invest family of exchange-traded funds (ETFs) has proven mortal after recording monster gains in 2020, but the widely followed stock picker isn't shifting gears. Wood continues to buy stocks even after they've fallen hard.
Ark Invest's CEO and top stock picker added to her positions in Sea Limited (NYSE: SE), Robinhood Markets (NASDAQ: HOOD), and Coinbase Global (NASDAQ: COIN) on Monday. The three stocks are trading 65%, 84%, and 55% below last year's all-time highs. What does she see that the rest of the market is missing? Let's take a closer look at her Monday purchases.
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Source Fool.com
