Reported 14 days ago
Cathie Wood of Ark Invest recently increased her positions in Pinterest, PayPal, and GitLab, all of which are currently trading below their 52-week highs. Pinterest is experiencing growth in user engagement despite lower-than-expected revenue guidance, while PayPal remains a significant player in fintech despite slower growth. GitLab continues to show robust revenue growth, though its stock is under pressure after a previous warning about decelerating growth. These stocks could be seen as attractive opportunities for risk-tolerant investors.
Source: YAHOO