Tech magnate Cathie Wood purchases stock in two globally acclaimed tech corporations
In a move that signals confidence in the growth potential of two tech titans, renowned investor Cathie Wood purchased over 5,800 shares of Amazon and over 6,100 shares of Meta (owned by Mark Zuckerberg) in November 2021.
This investment move, made by the high-risk investor known for her interest in disruptive innovations, comes amidst a positive outlook for both tech giants. Analysts expect double-digit revenue and earnings growth for both Amazon and Meta this and next year.
Amazon's stock, currently the eighth-largest position in the ARK Space Exploration & Innovation ETF, has already seen a 30% increase year-to-date. It has an upside potential of 18% with an average price target of $231 USD, as per analyst recommendations. On the other hand, Meta's stock, the sixth-largest position in the Next Generation Internet ETF, has already seen a 60% increase year-to-date, with an upside potential of 15% and an average price target of $647 USD.
The management of the publisher Börsenmedien AG has entered into direct and indirect positions in the financial instruments mentioned in the publication or related derivatives, which could benefit from the price development resulting from the publication.
The purchases by Cathie Wood can be seen as a positive sign for both tech giants. They indicate that she sees room for disruption and innovation, and thus growth opportunities, not just in Amazon and Meta, but also in other tech companies.
After these purchases, her ARK Invest ETFs hold significant stakes in several other tech stocks as of mid-2025. These include Alphabet Inc. (GOOGL) and Advanced Micro Devices Inc. (AMD), for which ARK bought approximately $35.25 million worth of Alphabet shares and around $4.19 million in AMD shares recently.
Cathie Wood's portfolio also prominently features BitMine Immersion Technologies Inc. (BMNR), for which ARK invested about $22.8 million across multiple ETFs (ARKK, ARKW, and ARKF), indicating interest in innovative technology sectors.
However, Cathie Wood has trimmed positions in fintech-related stocks like Coinbase Global Inc. (COIN) and Robinhood Markets Inc. (HOOD) due to concerns over slowing crypto trading and increased competition in retail brokerage platforms.
Cathie Wood’s strategy remains focused on disruptive, high-growth tech companies, aiming to capitalize on sectors like artificial intelligence, semiconductors, and other emerging technologies. Thus, apart from Amazon and Meta, her portfolio prominently features Alphabet, AMD, and emerging tech companies like BitMine, while reducing exposure to some fintech firms.
- Given her recent purchases of over 5,800 shares of Amazon and over 6,100 shares of Meta, Cathie Wood appears to be investing heavily in technology companies, such as those in the areas of artificial intelligence, semiconductors, and emerging technologies, as reflected in her portfolio.
- The double-digit revenue and earnings growth expected for both Amazon and Meta this and next year, coupled with the upside potential of 18% for Amazon's stock and 15% for Meta's stock, suggest that Cathie Wood's interest in these tech titans could be driven by her faith in their growth potential and the disruptive innovations they represent within the technology sector.
