Cathie Wood Goes Bargain Hunting. Here’s 1 “Magnificent Seven” Stock She Just Bought on the DeepSeek Dip.
From Nasdaq: 2025-02-16 18:30:00
Stock market rally fueled by AI prospects abruptly halted as Chinese start-up DeepSeek introduces new AI model, causing concern about overspending in U.S. tech industry. Ark Invest CEO Cathie Wood remains optimistic, doubling down on Amazon stock despite recent decline. Wood’s transparency in trading history reveals strategic purchases amid market uncertainty. Wood’s move to buy Amazon stock during dip seen as smart, with focus on company’s AI investments and growth potential. Investors urged to consider buying Amazon stock at discounted price for long-term gains. Motley Fool analysts issue “Double Down” stock recommendation for potential high returns.
Read more at Nasdaq: Cathie Wood Goes Bargain Hunting. Here’s 1 “Magnificent Seven” Stock She Just Bought on the DeepSeek Dip.