Cathie Wood sees her plan returning 40% annually in the next 5 years
Despite the big plunge, Cathie Wood sees her plan returning 40% annually in the next 5 years — here are Ark Invest's latest buys
Turns out "disruptive innovation" isn't the most stable place to put your money. Just ask Cathie Wood.
Turns out "disruptive innovation" isn't the most stable place to put your money. Just ask Cathie Wood.
Over the last few years, her company Ark Invest delivered huge returns through several ETFs focusing on these kinds of businesses. But as some of the high-flying tickers fall into correction territory, the funds’ performance seems less rosy.
Her biggest fund — Ark Innovation ETF — is down about 25% year-to-date. In comparison, the S&P 500 Index climbed 25% during the same period.
Yet the famed investor is sticking to her guns, doubling down on its research and modeling.
Here's the three stocks Ark Invest recently bought：
$XPeng(XPEV.US$
$Robinhood(HOOD.US$
$UiPath(PATH.US$
$XPeng(XPEV.US$
$Robinhood(HOOD.US$
$UiPath(PATH.US$
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doodoodadan : Not sure if she has price targets for all her picks.
If not, her AGR of 40% target will only get easier the lower the share price dips.
plucky Kangaroo1 : Thank you, An Angel of God on my side is a Blessing Muah!!