Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
There aren't many fund managers as widely followed as Cathie Wood. The Ark Invest co-founder and CEO became a rock star in 2020 when her aggressive investing style yielded explosive returns. She has only gone on to trounce the market one more year since 2023, but when she's on, she's a force.
Wood also happens to publish the daily transactions made for Ark's exchange-traded funds, giving investors a glimpse into her investing strategy. What's she buying these days? She kicked off the new trading week by adding to her stakes in (NASDAQ: ROKU), Teladoc (NYSE: TDOC), and Blade Air Mobility (NASDAQ: BLDE) on Monday. Let's take a closer look at these three purchases.
"The thrill of victory, and the agony of defeat" was part of the popular opening for ABC's Wide World of Sports. Roku investors have lived it since last year. It was the thrill of victory in 2023 as Roku stock more than doubled when revenue growth accelerated sequentially through the first three quarters of the year.
Source Fool.com
Roku Stock
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 69.34% compared to the current price of 54.92 € for Roku.
