Reported about 1 month ago
Cathie Wood, notable for her successful investments in technology stocks, recently acquired a significant number of Amazon shares, igniting discussions about the potential of Amazon ETFs. Despite past performance challenges of her flagship fund, Wood's current investment strategy, focused on emerging tech, suggests a promising outlook for Amazon, particularly as the holiday season approaches. Analysts recommend considering Amazon-heavy ETFs as a way to mitigate risks while capitalizing on the company's dominance in e-commerce and cloud services.
Source: YAHOO