Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Sristi Suman Jayaswal

3 Cathie Wood Stocks Analysts Like Better Than Tesla

Cathie Wood, the head of ARK Investment Management, has become one of the biggest names in capital management. Her portfolio zooms in on game-changing industries like genomics, artificial intelligence (AI), robotics, clean energy, and blockchain technology. Wood’s recent moves to ramp up her flagship fund’s stake in Tesla (TSLA) has garnered significant attention amid the stock’s slide, and the Ark Innovation Fund (ARKK) now holds shares worth $628 billion. At 9.75%, TSLA is far and away the largest ARKK holding.

While Cathie Wood maintains her faith in Tesla, other analysts have turned on the stock amid what appears to be a slowdown in growth at the EV company. TSLA has a consensus rating of “Hold” from the 30 analysts in coverage, down from “Moderate Buy” a few months ago.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.