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2 Cathie Wood Stocks Down 20% or More to Buy on The Dip
One way to navigate current market volatility is to buy shares of promising companies on dips. Investing while stocks are down can lead to significant long-term returns since every bear market will eventually give way to a bull run that will be even longer, according to the historical record. But which stocks should investors buy in this environment?Let's consider two favorites of Cathie Wood, the founder and CEO of Ark Invest: Block (NYSE: XYZ) and Roku (NASDAQ: ROKU). The latter is the fifth-largest holding in Ark Invest's combined portfolio, while the former comes in at number 12 as of this writing. Both are down by more than 20% this year but could reward investors who get in today.Here's what investors need to know.Continue reading
One way to navigate current market volatility is to buy shares of promising companies on dips. Investing while stocks are down can lead to significant long-term returns since every bear market will eventually give way to a bull run that will be even longer, according to the historical record. But which stocks should investors buy in this environment?
Let's consider two favorites of Cathie Wood, the founder and CEO of Ark Invest: Block (NYSE: XYZ) and Roku (NASDAQ: ROKU). The latter is the fifth-largest holding in Ark Invest's combined portfolio, while the former comes in at number 12 as of this writing. Both are down by more than 20% this year but could reward investors who get in today.
Here's what investors need to know.
