Cathie Wood Is Selling These 2 Artificial Intelligence (AI) Stocks. Should You?
Out with the old. In with the new. Some investors might think that's Cathie Wood's strategy these days. And they'd have a point.
Wood's Ark Invest exchange-traded funds (ETFs) have been trimming their positions in several stocks that Wood once championed. In particular, she is selling two artificial intelligence (AI) stocks. Should you sell them too?
You might be surprised to see (NYSE: TWLO) as one of the AI stocks that Wood is selling. After all, it was only a few months ago that she named Twilio as one of her top AI picks to buy. Ark Invest's report in August 2023 proclaimed that Twilio was part of "AI's sleeper wave" and "should benefit significantly from the AI opportunity."
Source Fool.com
Twilio Inc Stock
€56.90
1.520%
Currently there is a rather positive sentiment for Twilio Inc with 10 Buy predictions and 3 Sell predictions.
With a target price of 67 € there is a slightly positive potential of 17.75% for Twilio Inc compared to the current price of 56.9 €.
