Cathie Wood, founder of ARK Invest, burst into investor consciousness in 2020 when her flagship ARK Innovation ETF (NYSEARCA:ARKK) soared 153%, fueled by bold bets on Tesla (NASDAQ:TSLA), Roku (NASDAQ:ROKU), and Zoom Communications (NASDAQ:ZM) during a tech-driven bull market.
Wood’s knack for spotting long-term trends keeps her a Wall Street icon. Tuesday, she scooped up shares of the following three stocks, signaling bargain hunting in beaten-down tech stocks. When Wood buys, investors take notice, as her picks often foreshadow growth opportunities. You might want to pay attention, too.
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