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Cathie Wood Has Been Buying This Growth Stock Hand Over Fist in 2023 and It Looks Like a Bargain Right Now

Cathie Wood Has Been Buying This Growth Stock Hand Over Fist in 2023 and It Looks Like a Bargain Right Now

Noted investor Cathie Wood, the founder and CEO of investment management firm ARK Invest, is known for investing in companies capable of disruptive innovation. It's not surprising, therefore, that she's been loading up on shares of Advanced Micro Devices (NASDAQ: AMD) in 2023. Wood's combined holding of AMD shares across ARK Invest's portfolios of exchange-traded funds (ETFs) has increased from just under 73,000 shares at the beginning of the year to 268,000 shares, as of this writing.