It’s tough to follow anyone’s lead in investing in the stock market these days. Many top stock pickers, including Cathie Wood of ARK Invest, have had a terrible year in the equity markets. Cathie Wood focuses on higher-risk high-return growth stocks. These stocks did very well during the post-pandemic boom through 2021. However, this year, many of these companies have fallen out of favor with investors.
That said, this environment also provides an opportunity for investors to pick up plenty of cheap Cathie Wood stocks at a hefty discount right now.
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