Cathie Wood, the CEO of Ark Invest, remains unfazed by the recent market volatility attributed to President Trump's tariffs, actively buying high-growth technology stocks that have recently seen a decline. Her flagship Ark Innovation ETF (ARKK) faced a significant drop of nearly 40% but has displayed signs of recovery. Wood is strategically seizing investment opportunities in AI and crypto-related stocks such as Nvidia, AMD, and Coinbase, suggesting that these may reflect value due to their attractive P/E ratios. Her bold moves indicate a belief in the long-term potential of these technology businesses regardless of short-term market fluctuations.
Cathie Wood is buying the market dip again, targeting high-growth stocks like Nvidia and AMD amid the ongoing market volatility linked to Trump's tariff strategies.
Despite the recent downturn leading to a near 40% drop in her Ark Innovation ETF, Wood remains optimistic, identifying potential value in high-tech stocks.
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