Cathie Wood buys Nvidia, Baidu, and Iridium Communications during market sell-off

From Nasdaq: 2025-04-08 11:55:00

Cathie Wood, known for successful growth investing, added to her stakes in Nvidia (NASDAQ: NVDA), Baidu (NASDAQ: BIDU), and Iridium Communications (NASDAQ: IRDM) during a volatile market swing day. Nvidia, the third most valuable U.S. company, dominates in AI chips and is poised for more growth despite recent setbacks in China. Baidu, a leader in AI and other tech sectors, offers potential returns with low valuation multiples. Iridium Communications, a satellite specialist, has seen subscriber growth and profitability, making it an intriguing investment option.

Nvidia’s stock has dropped 27% this year, offering a value proposition with strong growth potential. Baidu, despite falling 31% from its high, presents a compelling opportunity with its involvement in various high-growth industries. Iridium Communications, down 35% from its highs, is positioned for steady growth with increased subscribers and profitability. With multiple positive trends driving growth, these stocks may present unique investment opportunities.

Investors can consider the 10 best stocks to buy right now as recommended by The Motley Fool Stock Advisor analyst team. Nvidia, while not included in the list, has shown historic returns for investors. The Stock Advisor service has consistently outperformed the S&P 500 since 2002, providing valuable insights for investors seeking growth opportunities. Consider exploring the top 10 stock picks to maximize investment returns and stay ahead in the market.



Read more at Nasdaq: 3 Stocks That Cathie Wood Is Buying During the Stock Market Sell-Off