Cathie Wood has a reputation for big wagers on technology, and she earned her reputation after returning 153% in 2020. She did well in 2021 too, but the spotlight slowly moved away as most tech-related stocks did not do well in late 2021 and performed badly through 2022. I’d say the 2021 crash is what makes Cathie Wood’s performance look worse than it is. Most people in tech fell victim to the bubble bursting.
However, Cathie Wood has likely learned from those mistakes. And you also can’t deny that Cathie’s portfolio does well when times are good. The stock market has been doing great in the past few months, and tech stocks are spearheading it, just as they did in 2021. With Stargate being announced, perhaps this could be Cathie’s time to shine again.
I will be looking into three robotics stocks (or at least stocks highly related to automation) that Cathie Wood has piled into. If the current AI and robotics boom continues to get hotter, these three might deliver outsized gains.
This post originally appeared at 24/7 Wall St.