Everyone Will Be Wiped Out In 30 Days: Cathie Wood
These are challenging times for Cathie Wood's style of investing. The co-founder, CEO, and investor at Ark Invest finds her family of aggressive growth exchange-traded funds losing to the market for the third time in four years in 2024. Can she get back on track? She is certainly not standing still.
For a time, Cathie Wood was the hottest investor on Wall Street. Ark Invest was bringing in billions of dollars in new assets under management. She launched a diversified suite of exchange-traded funds (ETFs) targeting fields such as technology, 3-D printing, medicine, robotics and space.
However, her star has quickly fallen. The flagship fund has now underperformed the relevant comparison, the Nasdaq 100, on virtually all applicable time frames. A February report found that in aggregate, her funds have lost investors billions of dollars. Also, investors are rapidly pulling money out of her ETFs.
It seems that Cathie Wood’s moment has passed. So, investors should strongly consider reducing their exposure to her stocks before losing additional value. These are three Cathie Wood stocks to sell today.
Видео Everyone Will Be Wiped Out In 30 Days: Cathie Wood канала Star
For a time, Cathie Wood was the hottest investor on Wall Street. Ark Invest was bringing in billions of dollars in new assets under management. She launched a diversified suite of exchange-traded funds (ETFs) targeting fields such as technology, 3-D printing, medicine, robotics and space.
However, her star has quickly fallen. The flagship fund has now underperformed the relevant comparison, the Nasdaq 100, on virtually all applicable time frames. A February report found that in aggregate, her funds have lost investors billions of dollars. Also, investors are rapidly pulling money out of her ETFs.
It seems that Cathie Wood’s moment has passed. So, investors should strongly consider reducing their exposure to her stocks before losing additional value. These are three Cathie Wood stocks to sell today.
Видео Everyone Will Be Wiped Out In 30 Days: Cathie Wood канала Star
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