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Barchart
Barchart
Sushree Mohanty

Cathie Wood Bets $19 Million on 5 Beaten-Down Stocks

In a volatile market, savvy investors like Cathie Wood take the opportunity to accumulate shares of companies with long-term potential. As the founder and CEO of ARK Invest, Wood is known for her high-conviction strategy centered on disruptive innovation. Her fund invests in fintech, genomics, artificial intelligence (AI), and other disruptive technologies that she believes will provide exponential growth in the long run.

Her latest investments, totaling roughly $19.1 million across five stocks, show that she is once again leaning into beaten-down growth stocks and emerging disruptors even in such an uncertain market.

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