Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood rose to fame last year when the exchange-traded funds (ETFs) under the ARK Invest banner were among the biggest winners of 2020. Trouncing the market in 2021 has proved to be more challenging, but her penchant for disruptive growth stocks isn't going away anytime soon.
Wood is making the most of the correction in growth stocks that began in the springtime of this year. On Tuesday, she added to her existing positions in Unity Software (NYSE: U), Coinbase Global (NASDAQ: COIN), and Grayscale Bitcoin Trust (OTC: GBTC). Let's see why she's building up her stakes in these three names.
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Source Fool.com
