Cathie Wood Is Selling Tesla and Buying This “Magnificent Seven” Stock Instead

From Nasdaq: 2024-11-13 10:15:00

Cathie Wood of Ark Invest stands out on Wall Street for her focus on emerging technology businesses, including Tesla and Amazon. Despite recent sales of Tesla shares, Wood remains optimistic about the company long-term. She has been reallocating profits into Amazon, which offers diverse opportunities in e-commerce, cloud computing, and AI integration. Wood’s strategic moves reflect her forward-thinking approach to investing.



Read more at Nasdaq: Cathie Wood Is Selling Tesla and Buying This “Magnificent Seven” Stock Instead