World Stock Watch

Cathie Wood’s Latest Moves: A Closer Look

Cathie Wood, the co-founder and CEO of Ark Invest, is known for her aggressive growth investment strategy. Recently, she added to her existing positions in three companies, sparking interest among investors. Let’s dive into the details of her latest moves.

Amazon: A Bet on Earnings Growth

Wood increased her stake in Amazon ahead of the company’s third-quarter earnings report. Despite a disappointing second-quarter performance, Wood is likely expecting a stronger showing this time around. Analysts predict an 11% increase in net sales and a 33% jump in earnings per share. With Amazon’s high-margin cloud computing business driving profitability, Wood may be hoping for a repeat of the company’s recent earnings beats.

3D Systems: A Turnaround in Sight?

3D Systems has been a disappointment in 2024, with its stock price cut in half and revenue declining for the third consecutive year. However, the company recently received FDA clearance for two new products, indicating potential for growth in the field of additive manufacturing. Wood’s investment may be a bet on a turnaround, but analysts remain cautious, predicting a return to positive revenue growth next year.

CRISPR Therapeutics: A Leader in Gene Editing

CRISPR Therapeutics is a leading player in the promising field of gene editing. With its first approval last year and a strong cash balance, the company is well-positioned for growth. Wood’s investment may be a bet on CRISPR’s potential to break into the larger oncology and cardiovascular markets. Despite a market cap of over $4 billion, the company’s stock price remains 20% lower this year, making it an attractive opportunity for investors.

What’s Next?

Cathie Wood’s latest moves demonstrate her willingness to take calculated risks and invest in companies with growth potential. While past performance is no guarantee of future success, Wood’s track record suggests that her investments are worth watching. As the market continues to evolve, investors would do well to keep an eye on these three companies and consider the potential opportunities they present.