Last year, retail investors preferred Cathie Wood and ARK Investment Management. The asset management firm situated in New York is well-known for investing substantially in high-growth technology stocks. The Ark Innovation ETF, Cathie Wood’s flagship fund, is loaded with tech firms like Tesla and Square.ARK Genomic Revolution is one of ARK Investment Management’s “disruptive innovation” ETFs. Biotech innovations that improve people’s lives are the focus of the fund. Teladoc Health, Inc., a telemedicine company, and Intellia Therapeutics, a gene-editing startup, are among the fund’s assets. In the preceding month, Coinbase Global, Inc. grew by 10.3%. Cathie Wood, the founder of ARK Investment Management and a long-time proponent of bitcoin, invested $245.9 million in the company’s initial public offering.
Here is Insider Monkey’s list of the 12 best ARK stocks to invest in. CTX001, a gene-editing medicine being developed by CRISPR Therapeutics AG, improves hemoglobin levels and prevents blood vessel occlusion in patients with severe sickle cell disease. The company’s market capitalization is $9.53 billion. Palantir Technologies Inc. is a software firm situated in Denver that ranked 11th among the top 12 ARK stocks to buy. Palantir has developed a number of software systems for the intelligence sector since its beginnings in 2003. Intellia Therapeutics, Inc. is a gene-editing firm that rates 10th among the top 12 ARK stocks to buy. CRISPR/Cas9 technology is used by the Massachusetts-based biotech business to identify new drugs. Twilio Inc. offers a number of application programming interfaces that organizations may use to improve customer interaction. The company’s second-quarter revenue increased by 67 percent year over year to $668.93 million, exceeding revenue expectations by $69.83 million. Shopify Inc. is a Canadian e-commerce company that is ranked 8th out of the top 12 ARK stocks to buy. The company’s second-quarter revenue was $1.12 billion, up 57 percent from the previous year. For more details, click 12 Best ARK Stocks To Invest In.
