Stocks took a turn this morning after an unforeseen rise in jobless claims. The Labor Department reported that jobless numbers unexpectedly rose to 419,000 last week, surpassing Dow Jones estimates of 350,000 new jobless claims.
Over the long run, the stock market has a history of rebounding and moving higher. That’s especially true for the stocks that have big growth potential. Gearing up for the back half of 2021, investors are piling into the highly coveted ‘FAANG’ stocks for their appealing growth, but factors like regulatory concerns, geopolitical and supply chain issues and possible shifts in tax laws threaten to take the wind out of the sails for any individual stock without much warning.
Successful investing in individual growth stocks often means being constantly locked into action on Wall Street in an effort to make portfolio adjustments ahead of sharp movements. Even those attempts can prove to be futile for those who don’t have access to Wall Street’s inner circles.
Why not employ a team of Wall Street’s most seasoned and successful pros to do what they do best while you enjoy your summer?
If you’re looking for a ‘set-it-and-forget-it’ investment in the top growth stocks from around the globe, look no further. Our trade alert for today features an exciting way to reap the benefits of stocks with high growth potential while taking advantage of the knowledge of one of the most sought after management teams around.
True Market Insiders:
Why December 31st Could Set Off A “Tech Boom” In Stocks
Thanks to the rare convergence of three economic triggers, the clock is ticking down for a once in a lifetime wealth building opportunity. [Here’s how to play it.]
Any actively-managed product is ultimately a wager on the portfolio managers who pick the stocks. With a long history of outperforming peers, Cathie Wood, ARK Invest’s founder and chief investment officer, is the curator of ARK’s investment philosophy and the ultimate authority in the firm’s investment decisions.
The ARK Innovation ETF (ARKK) is an actively managed fund that focuses on “disruptive innovation” companies, defined by Wood as a “technologically enabled new product or service that has the potential to change the way the world works.”
ARKK’s portfolio focuses on companies involved in genomics, transportation, automation, energy, artificial intelligence, shared technology, infrastructure and services, and fintech. ARK’s proprietary macroeconomic and fundamental research aimed at assessing company potential, drives security selection and weighting with ESG considerations as a second assessment.
“For investors with a very long-term view, you can gain exposure to her main growth drivers for future innovation, namely in artificial intelligence, autonomous vehicles, fintech, DNA sequencing, robotics and 3D printing,” says Bryan Lee, chief investment officer at Blue Zone Wealth Advisors in Los Angeles. Some of the fund’s top holdings are Tesla (TSLA), Square (SQ) and Roku (ROKU).
ARK’s products are geared toward investors who have the fortitude and faith to ride out short-term volatility in favor of long-term gains. ARK’s management fee might seem pricey in the world of ETFs, but it’s cheap for active management, especially when the manager delivers significant alpha.
The ARK Innovation ETF (ARKK)
- Weighted Average Market Cap $109.46B
- Price / Earnings Ratio -51.57
- Price / Book Ratio 6.48
- YTD Daily Total Return -3.05%
- Average 2021 Yield 1.65%
- Expense Ratio 0.75%
- Net Assets 25.52B
- Number of Holdings 1
- Top Holdings Tesla (TSLA), Roku (ROKU) and Teladoc (TDOC)
Where to invest $1,000 right now...
Before you consider buying ARKK, you'll want to see this.
Investing legend, Keith Kohl just revealed his #1 stock for 2022...
And it's not ARKK.
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