Cathie Wood buys $11 million of under-the-radar AI stock
In 2024 the Nasdaq Composite gained 30%, while Ark Innovation ETF returned 8.4%.
Cathie Wood, head of Ark Investment Management, actively trades her favorite stocks, picking her spots whether the prices are going up or down and showcasing her belief in the long-term potential of the companies she selects.
That’s what she has done recently. The asset manager bought into a stock for eight consecutive trading sessions.
