3 Stocks That Cathie Wood Bought on Tuesday
The widely followed growth investor keeps making moves.
The generally rising market over the past few weeks have awakened the spirits of growth investors, and that's naturally also a wake-up call for Cathie Wood. The CEO, co-founder, and ace stock picker at Ark Invest was particularly busy on Tuesday, adding to 10 of her existing positions across her family of aggressive growth exchange-traded funds.
I want to take a closer look at three of those expanded positions. Ark Invest bought some more Taiwan Semiconductor Manufacturing (NYSE: TSM), Airbnb (NASDAQ: ABNB), and Advanced Micro Devices (NASDAQ: AMD) on Tuesday. Let's check out what Wood is buying this week.
Tech investors know that Taiwan Semiconductor Manufacturing is the world's largest foundry, commanding two-thirds of the global pure-play foundry market. It may not be a household name outside of tech circles, but it's still the eighth most valuable company by market cap among U.S. exchange-listed stocks.
