From Nasdaq:



In 2023, growth stocks rebounded sharply, benefiting Cathie Wood and her Ark Investment Management family of exchange-traded funds. Wood’s ARK Innovation ETF generated strong returns, rising 67% with just one week left in the year, while the ARK Next Generation Internet ETF nearly doubled in value. The ETF benefited from favorable trends in areas like artificial intelligence and cryptocurrency. The top holdings of the ARK Next Generation Internet ETF included Coinbase Global, Roku, UiPath, and Tesla, all of which experienced significant growth. Wood is known for her ambitious investment picks and constant rebalancing of her holdings, and she has remained optimistic about the long-term prospects of her ETFs. Despite large losses in 2022, the gains in 2023 and the trends in areas like AI and cryptocurrency suggest that Wood and her ETFs could continue to see more gains in 2024 and beyond. Overall, Wood’s gutsy calls and investment strategies have garnered her respect from many investors. The article then goes on to suggest other stocks that investors may consider, and it provides information on the Motley Fool Stock Advisor service. It should be noted that the views and opinions expressed in the article are those of the author and do not necessarily reflect those of Nasdaq, Inc.



Original: This Was Cathie Wood’s Best ETF in 2024