PACB - Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
2023-08-09 10:00:00 ET
Cathie Wood is back on the track. The co-founder CEO of the Ark Invest family of exchange-traded funds (ETFs) is rolling again with her aggressive style of disruptive growth stocks. Her largest ETF is up 44% in 2023, beating the market after back-to-back years of terrible returns. Is she ready to party like it's 2020 again?
Ark Invest went shopping on Tuesday, and we know what she's buying and selling since Ark Invest puts out daily transaction reports. Wood added to her existing stakes in Palantir Technologies (NYSE: PLTR) , Pacific Biosciences of California (NASDAQ: PACB) , and Global-e Online (NASDAQ: GLBE) . Let's take a closer look.
Shares of Palantir have more than doubled in 2023, one of this year's biggest gainers with a 165% ascent. It took a step back this week after posting financial results.
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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought