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Cathie Wood's Ark Invest Is Buying the Dip on Tech Stocks
ARK Invest Fund hits a new low in 2024, 'Wood Sister' buys the dip of Amazon (AMZN.US), AMD (AMD.US), Meta (META.US), and so on.
When Casey Wood reached a new low in her flagship fund by 2024, she bought a lot of stocks in technology companies that were hard hit in the market downturn.
"Wood Sister" bought the dip! Buy Amazon, AMD, Meta, etc. during the ARKK plummet.
The Ark fund strategist stated that ARKK has always been investing highly and concentratedly through its etf. The team tends to take advantage of significant market downturns to increase long-term investments in its strongest concepts.