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2 Highly Profitable Cathie Wood Stocks Poised to Bounce Back in the Long Run

·4 min read
2 Highly Profitable Cathie Wood Stocks Poised to Bounce Back in the Long Run
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After her ARK Innovation ETF (NYSEMKT: ARKK) soared 242% from April 2020 through January 2021, Cathie Wood's exchange traded fund (ETF) has crumbled. Year to date, the ETF has plunged almost 60%, and many of the star stock picker's favorite companies continue to tumble in the wake of rocketing inflation and rising interest rates. Generally speaking, Cathie Wood prefers high-growth companies with innovative business models.