Cathie Wood Is Buying This Top E-Commerce Stock That's Down 36%, and She Won't Stop Selling Palantir.

Following money manager Cathie Wood's stock trades can be an entertaining activity for the individual investor, and it can also provide some inspiration. She seeks out disruptive technology stocks for her firm, Ark Invest, which manages multiple exchange-traded funds (ETF). While her risk appetite might be above many investors', some of her funds have outperformed the market recently, and she was an early bull for many of today's top tech stocks.Her flagship fund, the Ark Innovation ETF, has lagged the S&P 500 by a wide margin in the past five years. It's flat in that period, while the index is up 106%. But Wood is focused on the long term and her stocks' ability to transform the world and generate shareholder value.For weeks, she's been piling into e-commerce giant Shopify (NASDAQ: SHOP) while reducing her position in artificial intelligence (AI) company Palantir Technologies (NASDAQ: PLTR). Let's see if such a strategy can make sense for you, too.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool