Cathie Wood, the founder and CEO of ARK Investment Management, grabbed headlines last year thanks to the terrific performance of five of her exchange-traded funds (ETFs) that registered gains of over 100%.
As the Motley Fool's Danny Vena points out , Wood was able to deliver impressive gains because of her focus on finding disruptive companies sitting on long-term secular catalysts. Twilio (NYSE: TWLO) is one such stock in Wood's portfolio. The cloud communications specialist is the 10th-largest holding in the ARK Innovation ETF , accounting for 3.3% of the fund's value.
As it turns out, Twilio stock is an attractive bargain right now after a 30%-plus price drop in the past three months.
For further details see:
This High-Growth Cathie Wood Stock Is a Terrific Bargain Right Now