Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

Cathie Wood's Ark Invest added to existing positions in Archer Aviation, SpaceX, and Meta Platforms on Monday, viewing recent price declines as buying opportunities. Archer Aviation surged nearly 20% after unveiling Thunder, a Group 5 autonomous attack rotorcraft developed with Anduril, despite being down 60% over the past year. SpaceX stock hit an all-time low, down 47% from its intraday high just 25 trading days after its IPO. Meta Platforms is trading 8% lower over the past year. The article provides analyst revenue projections for Archer, showing expected growth from $10 million in 2026 to $1.43 billion by 2029, with profitability still 3-4 years away.

First published Aug 4, 02:54 PM UTCUpdated Jul 21, 02:57 PM UTC1 reports · 1 sources

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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just BoughtYahoo FinanceWesternJul 21, 02:57 PM UTC

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