The 21 century has seen some fast-growing innovators and investors spring into the limelight. One of them is Cathie Wood. She is the mastermind behind Ark Invest, and unsurprisingly, it was one of the biggest winners in the year 2020, a year that was riddled with so much economic and financial crisis, that it is even a wonder anyone won at all. By winning, I mean that her company fund size rose to a massive 50 billion dollars in the past year.
Her concept is simple; she has a strategy of investing in disruptive and innovative businesses with the potential to rise to the top. Once a stock has the potential to 10x or more, Cathie Wood is in for it. Now, in 2021, she is buying up several stocks, and it is not difficult to know why. The number of stocks she has been buying this year has been massive, and time will not permit us to go into all of those stocks individually. However, in this blog, we will be discussing the top ten stocks that Cathie Wood has invested in this year. So, if you have the funds and are looking for a way to invest in the stock market, this is for you.
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So, going straight to the business of the day, what are those stocks that one can invest in this year, according to Cathie Wood?
Take a look around you and you will realize that technology is affecting everything, even the ability to hold money and make monetary transactions. Her total number of shares in Coinbase is more than six million. Why is she gathering these shares? For those who do not know? Coinbase is a platform where people can buy, sell, and store cryptocurrency. Be it Bitcoin, Ethereum, Tether, and Litecoin, you can always make transactions there. These currencies are growing day by day, and in the same way, the platforms on which they are traded are. Coinbase had only one million users in 2014, but in 2020, they have more than fifty-six million users. Cathie expects growth to continue into the future.
This is the first stock she has been purchasing since this year. She has gathered so much stock in Zoom that it has become the eighth largest stock position in her company. Of course, the pandemic has increased the popularity of Zoom and what it does; video conferencing. Some will wonder why she is investing so much in the company. Let us start with the fact that things have changed in the world today. Do you want to have a meeting with someone that is far away? You can use Zoom. Do you want to go for lectures but do not want to leave your home? Use Zoom. It is reducing the relevance of face-to-face meetings and since the world has changed, Zoom is capitalizing on this to make big money.
This is a fantasy sports contest and sports betting platform. With this app, you can enter daily and weekly fantasy sports contests and even bet on different games that would probably give one income. Last year, they became a publicly-traded company, meaning that anyone can invest in them now. This is one way to signify that their company has been growing over the years. Cathie has started purchasing stocks this year. As long as people use the internet to engage in sports fantasies and bets, this company will be more profitable in the near future.
The gaming industry has been around for a while, but in 2020, it shot to its peak because of the pandemic and subsequent lockdown. Instead of creating the games by themselves and start competing with established gaming giants like SONY, they create a platform where people are allowed to create their games themselves. Most of the popular games in the world today have been created using UNITY TECHNOLOGIES, and not everyone knows about that.
Unlike Twitter, this company is more in line with the kind of investments that Cathie would make because it is highly disruptive and innovative. The health care sector requires contact and face-to-face activities. However, seeing that so many people now have access to the internet, they have come up with an innovative plan to provide healthcare virtually. Even though proper health care cannot be administered remotely, they are combining the two to guarantee optimal results. Their stock prices have increased about eight times in the last ten years and they have a market cap of about twenty billion.
This company has been around for a while, and so it may come as a surprise as to why Cathie is choosing to buy the stocks now. It is not even the kind of highly disruptive company that Cathie goes into if you have been following her portfolio carefully. Twitter is now ARKW’s third-largest investment among a total of 50 stocks and the twentieth-largest investment among a total of 50 stocks for ARKK. During the pandemic of last year, Twitter has gone up over two hundred percent, and she believes they are not done yet.
This company runs a cloud-based software that is used to communicate between people using video, voice, text, or chat. With Twilio, companies can combine all their client communicating apps into one place, forming a one-stop-shop for them. Their stock prices have risen from forty dollars to almost four hundred dollars in ten years, and they are still rising. Even if they have not started having great earnings yet, Cathie clearly sees potential for growth in the company.
This is a company that has the potential to affect the world the most. It is a molecular diagnostics company that specializes in the detection of cancer at early stages. They aim to find the cancerous cells as soon as possible and provide some cures to prevent deaths. Knowing cancer is one of the worst illnesses known to man, this company can save a few lives in the long run. It is always her strategy to find those companies that can change the way the world operates. They are making a loss due to the funds they are investing in research and other activities.
This company has been making some mad moves lately. Evolving from being just a music platform to a podcast and video sharing platform, you can see why Cathie is so invested in the company. They have been able to purchase some of the biggest podcast platforms out there, and it does not seem that they are done yet. While Spotify has been gathering podcasts and trying to expand its space, Cathie has been buying its shares and expanding her portfolio. She now has over fourteen million shares in the company, and since the numbers of subscribers have kept increasing, so is her assessment for potential growth.
This company is dedicated to helping people fight cancer and other immune disorders. It may be surprising to know that she has three of these therapeutic companies in her top twenty largest stocks. It would seem that she already has the belief that the medical companies will come through in terms of growth and returns. Even with a small market cap of about eight billion dollars, with the way it is growing, we should not be surprised by its growth in the long run. Starting at two dollars in 2018, its stock prices have risen to almost a hundred dollars in three years. Do the math!
We have come to the end of this amazing episode. I believe it has been able to give you an idea of the kind of stocks you need to start monitoring, even if not necessarily invest in, in the year 2021. Of course, you do not need to buy all but you can buy some if you have the funds. Wise investments make great returns. Start yours today. You will be glad you did.
Please drop your views, comments, and thoughts in the comment box below because I would love to hear from you.
Recommended for further reading:
- The Little Book of Common Sense Investing
- Stock Market Investing For Beginners: The Investment Guide
- The Five Rules Successful Stock Investing
- Rich Dad’s Guide to Investing
- Keys to Success – Napoleon Hill
- How to Make Money in Stocks: A Winning System In Good Times And Bad