PATH - 1 Top Cathie Wood Stock I Can't Stop Buying
2024-04-10 07:30:00 ET
Taking a look at what some of the top investors' portfolios look like is a great way to find ideas for your next stock pick. While this can't be the end of your research, it serves as a great starting point.
Cathie Wood and her Ark funds are one place I like to look. Across all the funds' holdings combined, UiPath (NYSE: PATH) is the fifth-largest holding. With nearly 5% of Ark's funds, or about $630 million, in this stock, it's a high-conviction pick for them.
I'm also a huge believer in UiPath stock. Its services have a strong use case in business and ties to artificial intelligence (AI). On top of that, it can be had for a great price.
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1 Top Cathie Wood Stock I Can't Stop Buying