Barron’s: “Cathie Wood’s ARK Innovation Is on a Tear, With ‘Supercharged Tech Returns’”

Barron’s: “Cathie Wood’s ARK Innovation Is on a Tear, With ‘Supercharged Tech Returns’” - DataTrek Research

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Barron’s: “Cathie Wood’s ARK Innovation Is on a Tear, With ‘Supercharged Tech Returns’”

By datatrekresearch in IN THE NEWS Barron’s: “Cathie Wood’s ARK Innovation Is on a Tear, With ‘Supercharged Tech Returns’”

Excerpt from Barron's quoting DataTrek co-founder Jessica Rabe:

.... "Cathie Wood’s ARK Innovation ETF has significantly outperformed the broader market lately, thanks to robust gains in tech stocks.

DataTrek Research says the exchange-traded fund’s top holdings are worth further research and consideration for investors betting on a year-end rally.

Since Oct. 27, the ARK Innovation ETF (ticker: ARKK) has posted a return of 23%, while the S&P 500 and Nasdaq Composite are up 9.2% and 12%, respectively, through Tuesday’s close, according to Dow Jones Market Data.

“ARKK’s outperformance since the start of the latest equity market rally shows how it tends to exhibit supercharged tech returns,” DataTrek co-founder Jessica Rabe wrote in a Wednesday report"....

Full article here on Barron's.

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