Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood is trouncing the market in 2023. Her aggressive style of growth investing is back in fashion, and she's on track after back-to-back years of disappointing returns following her head-turning blowout performance in 2020.
What is she buying these days? Wood kicked off the new trading week by adding to her existing stakes in Toast (NYSE: TOST), (NYSE: TWLO), and SoFi Technologies (NASDAQ: SOFI) on Monday. Let's take a closer look.
Fears that folks are eating out less weighed on Toast after it posted disappointing financial results last month, and Wood has been coming back for seconds ever since. Monday was the fifth time that the Ark Invest founder, CEO, and money manager bought more shares of the provider of point-of-sale solutions for the restaurant industry since its poorly received third-quarter report on Nov. 7.
Source Fool.com
Twilio Inc Stock
Our community is currently high on Twilio Inc with 10 Buy predictions and 3 Sell predictions.
As a result the target price of 67 € shows a slightly positive potential of 16.52% compared to the current price of 57.5 € for Twilio Inc.
