Shopify Is Now Cathie Wood's Biggest Holding. Is It a Buy?

Cathie Wood developed a reputation as a prescient stock picker as her flagship fund, the Ark Innovation ETF (NYSEMKT: ARKK) more than doubled in 2020, along with several other of her actively traded exchange-traded funds (ETFs).Wood also famously made an outlandish call in 2018 for Tesla to hit a split-adjusted price of $3,000, which it did when it soared in 2020 as it turned profitable.More recently, her returns have been more underwhelming, but growth stock investors still follow her moves closely, which Ark shares every day, unlike most hedge funds.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool