Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Three stocks with next-gen ambitions for getting you where you want to go haven't been heading in the right direction this year.
Overview
Despite their high-flying ambitions, it's been a year of descent for Archer Aviation (NYSE: ACHR), Joby Aviation (NYSE: JOBY), and WeRide (NASDAQ: WRD) investors. The three next-gen mobility stocks are down 38%, 56%, and 44% this year, respectively.
All three stocks were on Cathie Wood's radar this week. The co-founder and CEO of Ark Invest added to all three existing positions on Wednesday for her family of exchange-traded funds. Most of her funds have generated positive double-digit returns this year, so why load up on some of Ark's laggards in 2026? Let's take a closer look at these latest purchases.
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Originally published at www.fool.com.