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The famous investor Cathie Wood is renowned for choosing companies focused on disruptive innovation, meaning companies that have the potential to change how industries work over the long term. So when her fund, ARK Invest (ARKK), adds or dumps shares, investors notice. Last week, ARK Invest added 210k shares of a healthcare tech company called Tempus AI (TEM). Wood has made repeated purchases of the stock, signaling her confidence in this rising AI bet. Tempus AI now holds 5.17% weightage in the ARK Innovation ETF and 8.3% weightage in the ARK Genomic Revolution ETF.
Should you follow Wood’s steps and buy this early-stage AI opportunity in healthcare?