US stocks are bloody, god of female stocks sniffs good opportunity to buy these three stocks | Anue Juheng

US equities took a bloodbath after the August Consumer Price Index (CPI) was released yesterday, but this appears to be a good opportunity for Ark Investments, which is owned by the “god of women’s equities” Wood (Cathie Wood). Data shows that Ark Investment’s 8 funds bought a total of 27 stocks that day, resulting in the fund’s biggest frenzy since February. The top 3 stocks that bought the most were Roku, Butterfly Network and Zoom.

According to data gathered by Bloomberg, Ark Investment’s 8 ETFs have bought a total of 27 stocks, of which the most purchased is streaming media equipment manufacturer Roku (YEAR-US), and the stock became part of Ark’s $ 8 billion flagship ARK Innovation ETF (ARKK-USA) third participation.

Yesterday was dominated by tech stocksNasdaq The 100 saw the biggest one-day drop since March 2020 on bets that the Federal Reserve will drastically raise interest rates next week to tame stubborn inflation after the CPI report.

Although inflation is a top priority for Fed officials, the woman tweeted on Monday that deflation was on the way and Tuesday’s dip showed the company was poised.

Athanasios Psarofagis, an ETF analyst at Bloomberg Industry Research, said that the goddess’s purchases have declined much after January, but have started to rise in recent days and her beliefs appear to be firmer, with her actions in line with her own. tweet.

As the Fed aggressively raised interest rates this year, Ark Investment’s funds are under enormous pressure. A series of sharp interest rate hikes have dragged ARKK down more than 55% this year.

But even with that perspective, the goddess sticks to her strategy of doubling the losers and selling the winners. Roku is down nearly 71% this year, and the second and third biggest targets for the female bass hunt on Tuesday are Butterfly Network (BFLY-US) and Zoom (ZM-USA), the two stocks are down 14% and 58% respectively this year.

The woman also sold about 1.5 million shares of Signare Health, which has risen about 160% since mid-June amid a bidding war.

Before expiration, Roku fell 0.57% intraday Wednesday (14) to a target price of $ 67.66 per share; Butterfly Network fell 4.06% to a target price of $ 5.91 per share; Zoom was up 0.63% to a target price of $ 79.36 per share.

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