Here's How Much Money You'd Have if You Invested $10,000 Into the Ark Innovation ETF's Top 5 Stocks in 2019
Growth stocks have been in hot demand over the past year. And one place where you can find some of the best and brightest growth stocks is the Ark Innovation ETF (NYSEMKT: ARKK). Run by Ark Investment Management CEO Cathie Wood, its focus is on companies with incredible potential. But over the years, the makeup of the portfolio has changed. While electric vehicle maker Tesla has been a staple, the same can't be said for many other stocks.
How would you have done if you simply bought the five top stocks in Ark Innovation's fund five years ago, and held on until now? Let's take a look.
Exchange-traded funds (ETFs) can give investors a great way to gain exposure to dozens, or potentially hundreds or even thousands of stocks through just a simple investment. But if you don't want exposure to absolutely everything in the fund, you can simply look at what the top stocks are in the ETF and invest in those stocks yourself. ETFs regularly report on their holdings, so that isn't a difficult thing for investors to do.
Source Fool.com
Tesla Inc Stock
Currently there is a rather positive sentiment for Tesla Inc with 55 Buy predictions and 25 Sell predictions.
As a result the target price of 250 € shows a very positive potential of 54.05% compared to the current price of 162.28 € for Tesla Inc.
