5 Best EV Stocks to Buy According to Cathie Wood

Today we are going to read about ARK Investment’s Cathie Wood’s most favorite EV stocks, based on Insider Monkey’s article. Catherine Wood launched ARK Investment Management LLC in New York City, in 2014, and currently the company manages nearly $50 billion in assets. The hedge fund’s ETF revenue alone rakes in about $225 million a year. Cathie Wood, the 65-year-old investor gained lots of attention due to her lucrative bets during the pandemic, as ARK Investment Fund has reported amazing 39.74% annualized returns, nearly triple the S&P 500’s performance over the same period. Five out of the six ETFs managed by ARK, announced returns of over 100%.

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