2023-07-16 08:30:00 ET
Cathie Wood became one of the more recognizable names on Wall Street due to her preference for high-growth tech stocks and perceived industry disruptors. Her flagship exchange-traded fund (ETF), Ark Innovation ETF (NYSEMKT: ARKK), was one of the early investors in innovative tech companies like Tesla , Zoom Video Communications , and Block .
Wood isn't much of a buy-and-hold investor . Her firm, Ark Invest, trades frequently, and investors often follow its moves due to its popularity. While that isn't always a good thing, here are three stocks that Wood is buying that you should consider adding for the long term.
Twilio (NYSE: TWLO) is a company that people indirectly interact with more than they probably realize. Its communication platform as a service (CPaaS) powers chat, voice, email, and video communication for widely used apps like Uber , Airbnb , and Instacart.
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3 Stocks Cathie Wood Is Buying That Should Be on Your List Too