Cathie Wood is known for making risky investment bets on fundamentally sound growth stocks. Her bets on quality tech and electric vehicle (EV) stocks have led her to market-beating returns in the pandemic era. However, since last year, Cathie Wood’s ARK ETFs have been hit hard by investors’ switch from growth to value stocks amid concerns surrounding skyrocketing inflation, the Fed’s tighter monetary policy, elevated stock valuations, and escalating war tensions between Russia and Ukraine.
Wood has been reshuffling her ETF holdings to mitigate the market headwinds. And the recent stock market turbulence provides a great opportunity for long-term investors to add quality Cathie Wood stocks to their portfolios. These stocks are trading at low prices, and we think are well-positioned to withstand the bearish market trends.
