![]() ![]() Let’s take a closer look.įor our first Cathie Wood-backed name, we’ll turn to Markforged, a disruptor in the additive manufacturing industry – basically, the industrial production term for 3D printing.įounded in 2013, the company has revolutionized the world of industrial-grade 3D printing by introducing composite and metal 3D printers. Using the TipRanks database, we found that both are also rated as ‘Strong Buys’ by the analyst consensus. ![]() In fact, it’s not only Wood who favors these names. During the second quarter, through her ARK Investment Management firm, she bought more shares of two stocks that are currently trading under $10. Wood has not been shy about loading up the truck with names she believes in, both in difficult and better times. The Fed will have to adjust to the leading indicators of inflation “coming down rapidly” and then we’ll be “on the other side of the horror show we went through.” “The market is starting to look to the other side of the interest rate increase and they’re starting to look at inflation which is crumbling,” she noted. ![]() A rally of that magnitude meets the definition of a bull market, and some economists are saying we’re experiencing just that.Īmong the bulls is Cathie Wood, who believes that a big shift is taking place. Since hitting bottom last October, the S&P 500 has bounced back strongly – in fact, it’s up approximately 27% from that trough. ![]()
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