StockNews will buy 3 Cathie Wood ETFs

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© Reuters. 3 Cathie Wood ETFs bought when weak

In the past year, Cathy Wood has made huge profits from her investments in disruptive stocks in the industry. Although the current market volatility has shaken the confidence of some investors in such stocks, we believe that the long-term growth prospects of the target industries of Ark Innovation (ARKK), Ark Next Generation Internet (ARKW) and Ark Financial Technology Innovation (ARKF) should make These ETFs can provide significant returns over the long term. and so. Let’s take a closer look. Well-known investor Casey Wood is the founder and CEO of Ark Investment Management LLC, the world’s largest actively traded ETF management company. Ark’s ETF has been one of the best performing ETFs in 2020, thanks to Wood’s bet on “disruptive innovation” in the emerging electric vehicle (EV) and biotech industries.

However, investors’ current focus on outdoor stocks benefiting from soaring deflationary trading has caused Wood’s ETF to fall in the past few months. Nonetheless, we believe Wood’s strategic investment in companies with explosive growth potential may yield considerable long-term returns.

Therefore, we expect the current sluggish ETFs ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) will bring considerable returns in the long term.

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