From Nasdaq, Inc.:

Cathie Wood’s Ark Invest focuses on long-term capital appreciation through disruptive technology, with $16.5 billion invested across 122 companies. Two stocks, Coinbase Global and UiPath, make up over 15% of the portfolio.

Coinbase provides cryptocurrency exchange and wallet services, generating income from transaction fees and USDC reserves. While the company holds a strong position in the U.S. market, its future valuation may be influenced by the volatile cryptocurrency market.

UiPath specializes in business automation software, with a focus on task and process automation. The RPA market is expected to grow at 40% annually through 2030, with UiPath contributing to solid double-digit sales growth through 2030.

Investors should consider the long-term potential of Coinbase and UiPath, given their respective positions and forecasts for growth. The current valuations make both stocks reasonable options for investment, but Coinbase may benefit from a cheaper price before buying.



Read more: 2 Growth Stocks Have Cathie Wood’s Ark Invest Betting Big in 2024