TWLO - Cathie Wood Is Selling These 2 Artificial Intelligence (AI) Stocks. Should You?
2024-03-21 05:50:00 ET
Out with the old. In with the new. Some investors might think that's Cathie Wood's strategy these days. And they'd have a point.
Wood's Ark Invest exchange-traded funds (ETFs) have been trimming their positions in several stocks that Wood once championed. In particular, she is selling two artificial intelligence (AI) stocks. Should you sell them too?
You might be surprised to see Twilio (NYSE: TWLO) as one of the AI stocks that Wood is selling. After all, it was only a few months ago that she named Twilio as one of her top AI picks to buy. Ark Invest's report in August 2023 proclaimed that Twilio was part of "AI's sleeper wave" and "should benefit significantly from the AI opportunity."
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Cathie Wood Is Selling These 2 Artificial Intelligence (AI) Stocks. Should You?