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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For further details see:
Forget a 2023 Recession, These 3 Cathie Wood Stocks Have Room to Run