TRMB - Forget a 2023 Recession These 3 Cathie Wood Stocks Have Room to Run
Cathie Wood and her team are known for their aggressive investment style that focuses on megatrends and multidecade growth opportunities. Many of the highest-weighted stocks across the Ark Invest funds are unprofitable growth companies that trade at premium or even sky-high valuations. But there are other holdings that are much more reasonable.
Investors may be surprised that industrial technology solutions company Trimble (NASDAQ: TRMB) and agricultural equipment company Deere (NYSE: DE) are both top holdings in the ARK Autonomous Technology & Robotics ETF and the ARK Space Exploration & Innovation ETF . Archer Aviation (NYSE: ACHR) stock is also a small holding in the Space Exploration & Innovation fund. Here's what makes each company a great buy now.
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Forget a 2023 Recession, These 3 Cathie Wood Stocks Have Room to Run