Wood’s ARK Innovation ETF is rebounding nicely.
Cathie Wood’s ARK Innovation ETF (ARKK -0.81%) made investors a lot of money for years. But the exchange-trade fund peaked about two years ago, and began to sink like a brick a bit over a year ago as growth stocks fell out of favor.
But that’s not the end of the story. Wood is trouncing the market so far in 2023. And the great performance of her flagship ETF has mainly been due to these three stocks.
Continued Article: https://www.fool.com/investing/2023/01/24/cathie-wood-is-trouncing-the-market-so-far-in-2023/
