Reported 28 days ago
Cathie Wood, co-founder and CEO of Ark Invest, has recently made notable stock purchases, indicating a potential return to favor for her growth investing strategy. Among her latest acquisitions are Advanced Micro Devices (AMD), which is gearing up for an AI-focused event, DraftKings (DKNG), benefiting from the NFL season kickoff and growing user engagement, and Tempus AI (TEM), a healthcare tech company navigating its market debut. These selections suggest Wood's confidence in their potential for recovery and growth.
Source: YAHOO