Known for her appetite for relatively risky tech-based stocks, Cathie Wood has become an icon on Wall Street. The founder of ARK Investment Management, Wood has accumulated a net worth of $220 million and built a reputation owing to her knack for identifying high-potential innovation-focused stocks.
Wood was recognized as Wall Street’s best stock picker of 2020 after masterminding the market’s post-pandemic recovery, and her bravery in picking undervalued stocks with plenty of room for growth has seen the ARK CEO become a key influencer for retail investors with a high-risk appetite.
With Cathie Wood remaining a long-time supporter of cryptocurrency, the expectation of a market rally in the wake of Bitcoin’s halving event in April 2024 is likely also to shape ARK’s performance for the months ahead. With this in mind, let’s take a look at three of Wood’s biggest Wall Street bets among her top stock picks.
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