Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood is always making moves. We know that because the Ark Invest co-founder, CEO, and chief stock picker publishes her daily transactions at the end of every trading day. What is she buying these days?
Wood added to her existing positions in Roku (NASDAQ: ROKU), Ginkgo Bioworks (NYSE: DNA) and Archer Aircraft (NYSE: ACHR) on Wednesday. What does Wood see in these three growth stocks? Let's crack open the hood and take a closer look.
The good news is that Roku is beating the market this year. The bad news is that shares of the streaming video pioneer have fallen 37% since peaking this summer. The stock hit a 52-week high in August, but it scored a three-month low on Wednesday.
Source Fool.com
Roku Stock
€53.78
-3.040%
Our community is currently high on Roku with 26 Buy predictions and 7 Sell predictions.
As a result the target price of 93 € shows a very positive potential of 72.93% compared to the current price of 53.78 € for Roku.
