1. Cathie Wood, founder of Ark Invest, takes advantage of stock drops to buy shares at bargain prices of innovative companies, part of her long-term growth strategy. Her Ark Innovation fund has advanced over 50% in the past three years, with potential for more growth as it includes tomorrow’s winners.
  2. Wood recently bought shares of Advanced Micro Devices (AMD) after it dropped 17% post-earnings, adding them to five of her funds. AMD, a competitor of Nvidia in AI chips, remains a significant player in the trillion-dollar AI market.
  3. Wood also bought shares of CoreWeave, a company offering capacity for AI workloads through Nvidia GPUs, despite its stock dropping 50% from its peak. The demand for AI technology remains high, presenting a buying opportunity for investors.

Read more at Nasdaq: Cathie Wood Goes AI Bargain Hunting: She Just Bought a Stock That Crashed 17% in 1 Trading Session and a Stock That’s Dropped 50% From Its Peak.