Cathie Wood's Tough Year

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The Motley Fool

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Fund manager Cathie Wood buys Amazon, Tempus, and Natera at discount

Summary

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68% Informative

Cathie Wood bought more than $1 million worth of Amazon (NASDAQ: AMZN) shares across five of her funds in the week of Aug. 11 .

Wood's flagship fund, the Ark Invest Innovation ETF, is down roughly 19% in 2024 , while the Nasdaq Composite is up more than 13% in the same time period.

Wood was an early skeptic on Nvidia and a huge proponent of Tesla .

Stock Advisor returns as of August 12, 2024 John Mackey , former CEO of Whole Foods Market , an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon , Bitcoin , Nvidia , and Tesla . The Motley Fool has a disclosure policy. Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought was originally published by The Motley Fool .