Cathie Wood Goes Shopping: 3 Rising Stocks She Just Bought
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Cathie Wood is having a good year. The Ark Invest founder, CEO, and ace stock picker isn't back to her peak 2020 form when many of her exchange-traded funds (ETFs) more than doubled in value. However, she's definitely on track to trounce the market in 2025.What is Wood buying? You don't have to guess. Ark Invest routinely posts its daily transactions, hours after the close of every trading day. What is she buying these days? Ark Invest added to existing positions in Alibaba (NYSE: BABA), Intellia Therapeutics (NASDAQ: NTLA), and Baidu (NASDAQ: BIDU) on Monday. Should you follow her into a high-stakes biotech and two of China's dot-com pioneers? Let's take a closer look at Wood's three fresh stock buys.If you figured that Chinese stocks would be in a world of hurt in 2025 as the trade war drags on, you might want to pull up some stock charts. Alibaba stock has more than doubled this year, up 112% as investors rally behind the e-commerce pioneer. Despite slowing growth -- with year-over-year quarterly revenue gains consistently in the single digits over the past year -- Alibaba has emerged as an investor darling.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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