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Cathie Wood Hits the “Buy” Button on These Three “Strong Buy” Stocks
The billionaire investors are in a class by themselves. It is not always their riches that has propelled them to this position; rather, it is their market success, which has allowed them to place themselves at the pinnacle of the financial world. Due to her stock-picking prowess and her company’s remarkable profits, Cathie Wood, the founder and CEO of $75 billion asset management Ark Invest, is one of Wall Street’s most powerful investors.
Looking at the present market position, Wood feels that equities are primed for “a lengthy bull market” “as long as we don’t slide into recession.” Given that we’re at the peak of such a long bullish trend, and the S&P 500 is at a near all-time high of 4,700, it’s an intriguing projection. When elite investors, particularly those with Wood’s degree of long-term success, speak, the market listens.
Looking to Wood for investment ideas, we utilized TipRanks’ database to see if three stocks she recently added to her portfolio are worthwhile investments. The analyst community feels they do, according to the platform, with all of the recommendations receiving “Strong Buy” consensus ratings. Let’s get started.
WalkMe (WKME)
Let’s start with WalkMe, a unicorn company in the high-tech industry. WalkMe is presently…