Buy Biotech Stocks? Cathie Wood’s Ark Thinks So (And, Here’s Why)

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The Street

By Daniel Kline The investing firm sees certain assets as undervalued which may create an investment opportunity. Cathie Wood’s Ark Investing has a relatively simple investment strategy. The company describes its philosophy in one simple sentence. “We Invest Solely In Disruptive Innovation.” That’s a broad statement, but one that also clearly defines what the company does. In addition, it’s sort of a warning. Disruptive innovation does not always work, nor does it always follow a straight line to success. As we’ve seen during the pandemic, technology innovation can be a bumpy ride. Changing de…

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