On Monday, Cathie Wood’s ARK Innovation ETF purchased approximately $14.8 million worth of Nvidia shares, scooping up 151,979 shares based on the closing price that day. Given Wood's reputation for making bold, high-conviction bets on disruptive tech, this move has sparked conversations across the investing community. But here's the thing — I won't be following in her footsteps. Not because I don’t respect Cathie Wood or her team’s analysis — they clearly see strong long-term potential in Nvidia. However, my investment decisions aren’t dictated by headlines or big-name buys. I base my choices on personal research and valuation models. Right now, Nvidia’s stock is trading at levels I consider too high. While it’s undeniably a leader in AI and GPU technology, I’m not comfortable buying in at
Cathie Wood Adds Nvidia! Will You Follow Her Lead?
On Monday, Cathie Wood's ARK Innovation ETF — purchased approximately $14.8 million worth of Nvidia shares, acquiring 151,979 shares based on Monday’s closing price. Would you accumulate NVIDIA or stay in cash?
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