- Cathie Wood has had great success with stock market investing. However, things have calmed down this year since Cathie Wood stocks are high growth and risky investments. Therefore, you cannot expect them to do well all the time. However, if you are ready to take risks on your assets and to support the effervescence of a fluctuating market, Cathie Wood will know how to seduce you.
- Unit software (you) — Unity is software that allows users to create games, interactive experiences, and applications in a 3D environment.
- Shopify (STORE) — Shopify is a popular platform for e-commerce businesses and has been growing in popularity since its launch in 2006.
- You’re here (TSLA) — Tesla is no longer Cathie Wood’s favorite stock. However, it is still one of the biggest holdings in his portfolio.
- Coinbase global (PIECE OF MONEY) — Coinbase Global is one of the most popular cryptocurrency exchanges in the world. It’s a curved way to play in the crypto space.
- Roblox Corp. (RBLX) — Roblox is a multiplayer online platform where users can create games, play games with friends, or explore the vast world of Roblox.
- Zoom (ZM) — Darling of the pandemic, Zoom is still running at full speed, demonstrating the robustness of its operating model.
- General Motors (GM) — Some investors were surprised when Cathie Wood bought 158,187 shares of GM. However, GM is taking some very interesting steps that investors should be aware of.
Cathie Wood has made a career as a stock picker. She says the key to her success is not how many shares she buys or sells, but how many ideas she generates. There has also been a lot of discussion about which stocks are best suited for investment growth and Cathie Wood stocks are becoming a strong category on their own.
Here are seven Cathie Wood stocks she keeps buying:
|you||Unity Software Inc.||$39.50|
|PIECE OF MONEY||Coinbase Global, Inc.||$69.36|
|ZM||Zoom Video Communications, Inc.||$90.11|
|GM||General Motors Company||$37.13|
Cathie Wood Stocks: Unit (U)
Unit software (NYSE:you) is a popular game engine used to create games for PC, consoles and mobile devices. Unity’s engine allows developers to create games in the most efficient way possible. It also helps them with assets and tools. It has been around for many years and has a wide range of features used by developers to create their games.
Over 10 million developers have used Unity in the last ten years and it has been used to create over 50% of all mobile games.
Unity allows its users to easily create 3D environments. Unity also offers its users an easy way to publish their games to different platforms such as Steam, iOS, Android, Oculus Rift or Facebook.
You will often find this company among the best Web 3.0 stocks to buy. This is an investment area worth billions, so investors will want to pour capital into Unity for this factor alone.
Shopify (NYSE:STORE) is a Canadian e-commerce company that provides an online platform for businesses to sell products. It has grown exponentially since its inception and now “Shopify merchants run over 1,000,000 businesses in 175 different countries”.
Shopify offers over 500,000 themes and apps to help users build their stores that are easy to customize. The company also provides support services, such as search engine marketing and optimization services and payment processing through Shopify Payments.
Shopify is the platform of choice for many startups. It provides a useful service that allows people to monetize their work quickly. Those who yearn for independence and quick success have jumped on board and become successful merchants. Shopify has seen explosive growth since the pandemic hit, giving those with an entrepreneurial dream a way to make it happen.
However, just like other tech stocks, SHOP stock has been experiencing a downturn since the start of the year. You can attribute this to a shortfall, general pessimism in the markets, and the expensive $2.1 billion acquisition of a logistics startup. Delivery man. Therefore, you can add it to your portfolio at a high discount.
Cathie Wood Stocks: Tesla (TSLA)
You’re here (NASDAQ:TSLA) has done very well in the automotive industry, positioning itself as a leader in the electric vehicle (EV) sector.
Tesla’s success story can be traced to Elon Musk, who became its CEO in 2008 after co-founding PayPal with Peter Thiel. Musk built Tesla’s reputation by investing in different projects, including SpaceX.
Cathie Wood is a longtime supporter of Tesla. He takes first place for her ARK Innovation ETF (NYSEARC:ARKK). Although ARK sold about 15,000 Tesla shares from its fund, it is still a large position in its overall holdings.
Coinbase Global (COIN)
Coinbase global (NASDAQ:PIECE OF MONEY) is a United States-based company that offers an online platform for people to buy and sell digital coins such as Bitcoin (BTC-USD) and Ethereum (ETH-USD). It also provides wallet services for storing cryptocurrencies. It is one of the most popular cryptocurrency exchanges in the world due to its ease of use and the wide range of cryptocurrencies it offers.
Coinbase has been criticized for its lack of regulation on its platform. However, Cathie Wood is a longtime supporter of Coinbase Global and the crypto space. A few days ago, Cathie Wood reaffirmed her faith in the company, buying over half a million shares despite COIN’s stock plummeting sharply.
On this list of stocks from Cathie Wood, there are few companies as risky as Coinbase. The fortune of the company is intimately linked to the value of digital assets. Therefore, only invest money that you can afford to lose as it is a very volatile asset.
Cathie Wood Stocks: Roblox (RBLX)
Roblox (NYSE:RBLX) is a multiplayer online platform where users can create games, play games with friends, or explore the vast world of Roblox. It’s a great place for kids to learn coding, teamwork, and many other skills. The games are built with HTML5, which users can play on both computers and mobile devices.
Due to the Covid-19 pandemic, Roblox has seen a huge spike in usage as people shelter in place.
However, with schools opening and people returning to their normal lives, usage is decreasing and this is having a massive impact on the share price. However, Roblox is interesting as a long term play on games.
The global digital media market has grown exponentially over the past decades and many industries have taken advantage of it. Gaming is the industry that generates the most revenue in the digital media market. If you’re looking for a long-term investment with an optimistic return, consider buying RBLX stock.
Zoom (NASDAQ:ZM) has revolutionized the way people communicate and collaborate since its inception in 2011. The company’s goal is to make video conferencing as easy and natural as possible. Zoom is an AI-powered video conferencing platform that helps you connect with colleagues or clients. It can help you find information, present ideas, or have fun with your friends on a conference call.
It’s no surprise that Zoom has done very well during the pandemic. The offices still had to function. Therefore, companies had to adopt a flexible business model. In turn, the business reaped profits and revenue. However, it is interesting to note that the company also continued to perform well after the pandemic.
Zoom tripled its revenue in FY21. GAAP operating revenue was $1.063 billion in the most recent fiscal year, compared to $659 million from the prior year period. Therefore, the company has merit as a long-term investment, so it makes it onto this Cathie Wood stock list.
Cathie Wood Stocks: General Motors (GM)
General Motors (NYSE:GM) is a company that has been around since 1908 and is now the largest automaker in North America. It was founded by William C. Durant, who had a vision of making cars affordable for the masses. It has managed to become one of the most recognizable brands in America.
Some investors were surprised when Cathie Wood bought 158,187 shares of GM. However, GM is taking some very interesting steps that investors should be aware of. The company is investing $35 billion in electric and autonomous vehicles from 2020 to 2025.
With continuous innovation and a consumer focus, General Motors has had an exciting journey over the past decades. It’s safe to say it’s in a much better position than other EV companies. To put it into perspective, GM sold about 6.3 million vehicles in 2021, compared to Tesla, which delivered 936,222.
At the date of publication, Faizan Farooque did not hold (neither directly nor indirectly) any position in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to InvestorPlace.com Publication guidelines.