Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood as an investor reminds me of the protagonists in the tornado-chasing classic Twister. Wood knows that she's doing something risky with her aggressive style, but she does it for the thrill and ultimately the rewards of learning something new. The co-founder, CEO, and main stock picker of Ark Invest was active in the market windstorm on Wednesday, and thankfully for us, she posts her daily transactions at the end of every trading day.
What are the twisters that she is chasing these days? Wood added to her positions in (NYSE: TWLO), Palantir (NYSE: PLTR), and Invitae (NYSE: NVTA) on Wednesday. Let's crack open the bulkhead door and see what's out there now that the storm has passed.
Shares of Twilio plummeted 13% yesterday after the company posted poorly received financial results, and it isn't a surprise to see Wood buying the dip. It's one of her 15 largest holdings at Ark Invest, and the leading provider of in-app communication solutions has the disruptive business model that Wood enjoys getting behind through thick and thin.
Source Fool.com
Twilio Inc Stock
Currently there is a rather positive sentiment for Twilio Inc with 14 Buy predictions and 3 Sell predictions.
With a target price of 67 € there is a positive potential of 31.22% for Twilio Inc compared to the current price of 51.06 €.
