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Barchart
Barchart
Sushree Mohanty

Should You Buy These Breakout Cathie Wood Stocks After Earnings?

Cathie Wood, well-known for her momentum-driven investments, has garnered particular attention as the manager of her flagship ARK Innovation ETF (ARKK), which focuses on high-growth, disruptive businesses. Her investment strategy is centered on identifying new and innovative technologies, and companies with the potential for exponential growth.

In this article, we'll look at two growth stocks - Roku (ROKU) and Shopify (SHOP) - that are included in the ARK Innovation ETF's top holdings, reflecting Wood's belief in their ability to lead in the face of industry shifts and technological advancements. ROKU currently holds top weighting in ARKK, at 9.38%, while SHOP is the 11th largest holding, at 3.49%.

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