5 Reasons ‘Cathie Wood Stocks’ Could Double Over the Next 12 Months
Source: rhendrikdwenz via Shutterstock [Editor’s note: “5 Reasons ‘Cathie Wood Stocks’ Could Double Over the Next 12 Months ” was previously published in January 2022 . It has since been updated to include the most relevant information available.] Many of you are familiar with Cathie Wood, the famed stock-picker and founder of ARK Invest . She focuses on investing in disruptive tech stocks with enormous upside potential. Indeed, she’s so famous that the stocks she buys in her funds are often labeled as “ Cathie Wood stocks . ” These are stocks like Tesla ( TSLA ), Coinbase ( COIN ), Teladoc ( TDOC ), Block ( SQ ) and Roku ( ROKU ). You might also be familiar with how those stocks have gone from Wall Street’s biggest winners to its biggest losers. During the pandemic, Cathie Wood stocks absolutely soared. This was thanks to consumers embracing disruptive technologies and the Fed injecting liquidity into the markets to incentivize risk-taking behavior. Cathie’s signature fund, the ARK Innovation ETF ( ARKK ), skyrocketed an amazing 157% higher in 2020.
5 Reasons ‘Cathie Wood Stocks’ Could Double Over the Next 12 Months
Source: rhendrikdwenz via Shutterstock [Editor’s note: “5 Reasons ‘Cathie Wood Stocks’ Could Double Over the Next 12 Months ” was previously published in January 2022 . It has since been updated to include the most relevant information available.] Many of you are familiar with Cathie Wood, the famed stock-picker and founder of ARK Invest . She focuses on investing in disruptive tech stocks with enormous upside potential. Indeed, she’s so famous that the stocks she buys in her funds are often labeled as “ Cathie Wood stocks . ” These are stocks like Tesla ( TSLA ), Coinbase ( COIN ), Teladoc ( TDOC ), Block ( SQ ) and Roku ( ROKU ). You might also be familiar with how those stocks have gone from Wall Street’s biggest winners to its biggest losers. During the pandemic, Cathie Wood stocks absolutely soared. This was thanks to consumers embracing disruptive technologies and the Fed injecting liquidity into the markets to incentivize risk-taking behavior. Cathie’s signature fund, the ARK Innovation ETF ( ARKK ), skyrocketed an amazing 157% higher in 2020.