Reported 2 days ago
Cathie Wood, the CEO of Ark Invest, kicked off 2025 by enhancing her stakes in Amazon, GitLab, and Pacific Biosciences. Despite Amazon's high valuation following a strong year, analysts predict further growth, with raised price targets. GitLab, recovering from a recent downturn, posted better-than-expected financial results, prompting analysts to upgrade their forecasts. In contrast, Pacific Biosciences faced a significant drop in stock value last year, but Wood remains optimistic about its long-term potential for gene sequencing innovations.
Source: YAHOO