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Mohit Oberoi

Cathie Wood Sees Value in This Beaten-Down Growth Stock. I Do Too.

SOFI Cathie Wood Anthony Noto fintech

Ark Invest’s Cathie Wood is known for her bold stock picks and backing companies that she invests in. Earlier this week, her flagship Ark Innovation ETF (ARKK) added positions in fintech stocks like Robinhood (HOOD), Coinbase (COIN), Circle (CRCL), and SoFi (SOFI).

Notably, after outperforming the markets by a handsome margin for three consecutive years, SoFi has had a rough ride in 2026. While the shares have gained over 23% from their 2026 lows, they are down over 30% for the year. Incidentally, it's not only Wood who sees value in this beaten-down fintech stock; SoFi CEO Anthony Noto has also been accumulating shares through open-market purchases.

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