Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
After a few days of purging, the Ark Invest growth investor is buying stocks again.
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Overview
After four trading days of selling -- outside of getting in on last week's record-setting initial public offering (IPO) -- Ark Invest co-founder, CEO, and Chief Investment Officer Cathie Wood started buying again on Wednesday. She added to several existing positions.
Some of her more intriguing buys this week include Eli Lilly (NYSE: LLY), Block (NYSE: XYZ), and Coinbase Global (NASDAQ: COIN). All three stocks moved slightly lower on Wednesday. Wood tends to build up her positions on down days, so that's not a surprise. Let's take a closer look.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
