MKRakes
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Value or Growth Stocks? Lots of investors have long argued the dilemma.
The so-called growth stocks have been through their hard time in recent days. High-flying growth stocks are bordering on correction territory.
Familiar names like $Palantir (PLTR.US)$, $CrowdStrike (CRWD.US)$, $Snowflake (SNOW.US)$ $Salesforce (CRM.US)$ etc.
When talking about disruptive innovation, the name that comes up to investors' mind must be "ARK". And it's been a dismal week for Cathie Wood's flagship fund, $ARK Innovation ETF (ARKK.US)$ , that's left nearly all of her holdings in bear market.
ARKK fell 12.6% this week for its worst week since February. It dropped 5.5% on Friday.
Is this the sign that people are not in favor of growth stocks and disruptive innovation companies? Or maybe it's just because investors need something more solid fundamentally under the risk of Omicron? Would you comment down below and tell mooers about your thoughts?
The so-called growth stocks have been through their hard time in recent days. High-flying growth stocks are bordering on correction territory.
Familiar names like $Palantir (PLTR.US)$, $CrowdStrike (CRWD.US)$, $Snowflake (SNOW.US)$ $Salesforce (CRM.US)$ etc.
When talking about disruptive innovation, the name that comes up to investors' mind must be "ARK". And it's been a dismal week for Cathie Wood's flagship fund, $ARK Innovation ETF (ARKK.US)$ , that's left nearly all of her holdings in bear market.
ARKK fell 12.6% this week for its worst week since February. It dropped 5.5% on Friday.
Is this the sign that people are not in favor of growth stocks and disruptive innovation companies? Or maybe it's just because investors need something more solid fundamentally under the risk of Omicron? Would you comment down below and tell mooers about your thoughts?
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Confusing app. I've funded the app from my bank account, but for the life of me I can't figure out how to make a Bitcoin purchase. Help?
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