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Barchart
Pathikrit Bose

3 Mega-Cap Tech Stocks Cathie Wood is Buying Instead of Tesla

Cathie Wood AMD Amazon Tesla Inc. Nvidia Alphabet Amazon.com Inc. ETF Meta Microsoft

Cathie Wood, the CEO and CIO of ARK Investment Management, is one of the most widely followed names in the investing industry. Known for her bold and disruptive bets on companies such as Tesla (TSLA), Block (SQ), and Robinhood (HOOD) long before they became mainstream darlings, Wood's investment style is unconventional, to say the least.

Wood now manages billions of dollars, headlined by her flagship ETF, the Ark Innovation ETF (ARKK), which now has assets under management (AUM) of about $5.7 billion. Consequently, any move by this maverick investor is noteworthy for market participants, especially when it involves one of her favorite stocks.

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