5 Stocks Cathie Wood Is Snapping Up at a Discount Right Now
The famed portfolio manager was busy buying stocks on pullbacks recently.
Overview
Known as one of the boldest portfolio managers out there, Cathie Wood of Ark Invest likes to swing for the fences with her exchange-traded funds (ETFs). This has led to some years of big gains for her flagship fund, the Ark Innovation ETF (NYSEMKT: ARKK). In 2023, it rose 67.6%, and in 2025, it gained 35.5%. It has also resulted in some years with steep losses, like 2022, when it plunged by 67%.
As a rule, Wood invests in companies with disruptive technology, and she's willing to make big bets on those innovators. Let's look at five stocks she was recently buying on the dip.
Details
Although SpaceX (NASDAQ: SPCX) had its initial public offering less than a month ago, Wood has already made the stock one of her 10 largest positions, and she has been scooping up more shares as the stock has come down from its early peak. SpaceX is trying to be at the center of disrupting several industries. Among its goals is to deploy a constellation of data center satellites in space, create a giant chip manufacturing facility, and potentially compete with tradition mobile carriers with its Starlink satellite broadband service.
Source
Originally published at www.fool.com.