Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance
The co-founder, CEO, and investment manager for Ark Invest has been slowing the pace of her portfolio moves lately. She bought shares of just three stocks on Monday, but they're still pretty notable. Wood increased her existing positions in Amazon (NASDAQ: AMZN) GitLab (NASDAQ: GTLB) , and 10x Genomics (NASDAQ: TXG) on Monday. Let's take a closer look at Wood's latest purchases for Ark Invest's family of exchange-traded funds. 1. Amazon On the eve of Christmas Eve, Wood was buying shares of the country's leading online retailer , even though Amazon isn't exactly out of favor these days. The shares hit an all-time high last week. The stock's 48% jump this year is roughly double the market's year-to-date performance. It's an odd time for Amazon to be within a stone's throw of its highwater mark. Teamsters are expanding their strike at Amazon shipping and fulfillment centers during the company's busiest times of the year. Image source: Getty Images. At the same time, this wil
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AMZN
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- 10/31/24 - Beat
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