Time to Buy Amazon ETFs Following Cathie Wood's Investment?

Zacks10-19

Cathie Wood, CEO of Ark Investment Management, is well-known for her focus on small- and mid-cap technology stocks. She rose to fame after Ark Innovation ETF ARKK delivered a remarkable 73% return in ...

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She rose to fame after Ark Innovation ETF ARKK delivered a remarkable 73% return in ...</p>\n\n<a href=\"https://finance.yahoo.com/news/time-buy-amazon-etfs-following-180000765.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Time to Buy Amazon ETFs Following Cathie Wood's Investment?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTime to Buy Amazon ETFs Following Cathie Wood's Investment?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-19 02:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/time-buy-amazon-etfs-following-180000765.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood, CEO of Ark Investment Management, is well-known for her focus on small- and mid-cap technology stocks. She rose to fame after Ark Innovation ETF ARKK delivered a remarkable 73% return in ...</p>\n\n<a href=\"https://finance.yahoo.com/news/time-buy-amazon-etfs-following-180000765.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE0005OL40V9.USD","symbol_name":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","start_time":0,"source_url":"https://finance.yahoo.com/news/time-buy-amazon-etfs-following-180000765.html","article_id":"2476621362","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/JFn064eoTyFDQ8bpluRJew--~B/aD0zNTY7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/09147180af9fd4afaa322c5ac4332f4b"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2476621362","pubTimestamp":1729274400,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Cathie Wood, CEO of Ark Investment Management, is well-known for her focus on small- and mid-cap technology stocks. She rose to fame after Ark Innovation ETF ARKK delivered a remarkable 73% return in 2020.However, the long-term success of Cathie Wood’s strategy has not been remarkable. ARKK, her flagship exchange-traded fund  with $5.5 billion in assets, has posted a 25.7% return over the past year, and a modest 12.2% over five years. By comparison, the S&P 500 has returned 35% over one year, and 95.4% over five years.Wood’s investment philosophy thrives on emerging high-tech companies in fields such as artificial intelligence, blockchain, DNA sequencing, energy storage, and robotics. However, she occasionally taps mega-cap stocks to provide stability for her funds, which primarily consist of higher-risk assets. Sometimes, Wood even buys these stocks during price increases.Morningstar analyst Dan Romanoff is also optimistic about Amazon, assigning the company a wide moat tag due to its","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4554":"元宇宙及AR概念","ARKK":"ARK Innovation ETF","IE0009G5SDU7.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) INC","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","AMZN":"亚马逊","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4507":"流媒体概念","XLY":"消费品指数ETF-SPDR可选消费品","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","BK4525":"远程办公概念","BK4587":"ChatGPT概念","FDIS":"Fidelity MSCI Consumer Discretionary Index ETF","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4524":"宅经济概念","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","BK4577":"网络游戏","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","ONLN":"ProShares Online Retail ETF","LU0187121727.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) INC","IE00B4YYXB79.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) ACC","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4122":"互联网与直销零售","BK4544":"ARK ETF合集","BK4574":"无人驾驶","LU0079474960.USD":"联博美国增长基金A","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4097":"系统软件","LU0048584097.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","FDN":"First Trust Dow Jones Internet I","BK4581":"高盛持仓","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","GB00B4LPDJ14.GBP":"FUNDSMITH EQUITY \"R\" (GBP) ACC","BK4504":"桥水持仓","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","IE00BFXG0V08.USD":"BNY MELLON GLOBAL LEADERS \"B\" (USD) ACC","BK4514":"搜索引擎"},"translate_title":"Cathie Wood投资后是时候购买亚马逊ETF了吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKK":1,"XLY":1,"ONLN":1,"FDIS":1,"AMZN":1,"FDN":0.9},"content_text":"Cathie Wood, CEO of Ark Investment Management, is well-known for her focus on small- and mid-cap technology stocks. She rose to fame after Ark Innovation ETF ARKK delivered a remarkable 73% return in 2020.\nHowever, the long-term success of Cathie Wood’s strategy has not been remarkable. ARKK, her flagship exchange-traded fund (ETF) with $5.5 billion in assets, has posted a 25.7% return over the past year, and a modest 12.2% over five years. By comparison, the S&P 500 has returned 35% over one year, and 95.4% over five years.\nWood’s investment philosophy thrives on emerging high-tech companies in fields such as artificial intelligence, blockchain, DNA sequencing, energy storage, and robotics. However, she occasionally taps mega-cap stocks to provide stability for her funds, which primarily consist of higher-risk assets. Sometimes, Wood even buys these stocks during price increases.\nCathie Wood’s Recent Moves: Amazon & Meta Stocks\nDespite the challenges, Wood has lately made notable moves in the market. On Oct. 8, 2024, Ark Innovation ETF purchased 76,505 shares of Amazon, valued at $14 million. Amazon’s stock has risen 18% since Aug. 5, although it did record a 9.8% decline from Sept. 24 to Oct. 8.\nMorningstar analyst Dan Romanoff is also optimistic about Amazon, assigning the company a wide moat tag due to its dominant position in e-commerce and cloud services, and setting a fair value of $195, as quoted on street.com.\nPlus, Ark Next Generation Internet ETF acquired 2,365 shares of Meta Platforms, worth $1.4 million at the Oct. 8, 2024 close. Meta’s stock has surged 16% over the past month. Morningstar analyst Malik Ahmed Khan views Meta as slightly overvalued but believes it holds a wide moat, largely due to its unchallenged social media presence across platforms like Facebook, Instagram, WhatsApp and Messenger, as quoted on street.com.\nShould You Play Amazon Stock & ETFs?\nAmazon.com has a Zacks Rank #3 (Hold). The stock has the best VGM Score of “A.” The stock comes from the top-ranked Internet – Commerce industry (top 18%). Amazon is gaining on solid Prime momentum owing to ultrafast delivery services and a strong content portfolio.\nAmazon is often considered as a wide-moat stock. Amazon is the clear leader in e-commerce, with a cost advantage and network effects that attract more buyers and sellers. The company has been disrupting the retail industry for more than two decades, per Morningstar. Thus, picking Amazon stock ahead of the start of the holiday season could be a good idea.\nMeanwhile, the growing adoption of Amazon Web Services (AWS) is aiding Amazon’s cloud dominance. In Q2 of 2024, Amazon and Google upped their cloud market share. “Google is bigger than the next four largest players, while Microsoft is twice the size of Google and Amazon is 35 percent bigger than Microsoft,” said John Dinsdale, chief analyst at Synergy Research Group in an email to CRN.\nA deepening focus on generative AI is a major plus. Amazon is developing its own processors to limit its reliance on costly NVIDIA chips. Amazon’s Annapurna Labs, which it acquired in 2015, is spearheading the effort in this area. According to Sinno, the director of engineering at Annapurna Labs, there is a growing demand among Amazon’s customers for cheaper alternatives to NVIDIA’s chips, as quoted on Firstpost in July 2024.\nAmazon Stock’s Valuation & Potential\nAmazon’s stock trades at a price/earnings (trailing 12 months) ratio of 44.29X versus the underlying industry’s P/E of 57.54X. However, Amazon’s Price/Book (Most Recent Quarter) ratio is pricey. Amazon’s P/B ratio is 8.30X versus the industry average of 2.02X. Amazon’s price/cash flow (most recent fiscal year) ratio is 24.74X versus the industry average of 14.28X.\nAmazon’s this year’s growth rate is 63.45% versus the industry’s growth rate of 13.20% and the S&P 500’s 15.67%. Amazon’s next year’s growth rate is 23.21% versus the industry’s growth rate of 23.10% and the S&P 500’s 11.34%.\nAMZN Stock Price Target\nBased on short-term price targets offered by 46 analysts, the average price target for Amazon comes to $225.98. The forecasts range from a low of $183.00 to a high of $265.00. The average price target represents an increase of 20.92% from the closing price of $186.89 recorded on Oct. 16, 2024.\nImage Source: Zacks Investment Research\nAmazon-Heavy ETFs in Focus \nGiven the ongoing uncertainties related to competition in the cloud and AI business, it may be better to track the company through an ETF approach. The basket approach minimizes the company-specific concentration risks. Amazon-heavy ETFs include the likes of Consumer Discretionary Select Sector SPDR Fund XLY (weight 22.52%), ProShares Online Retail ETF ONLN (weight 22.33%) and Fidelity MSCI Consumer Discretionary Index ETF FDIS (weight 22.25%).\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nConsumer Discretionary Select Sector SPDR ETF (XLY): ETF Research Reports\nFidelity MSCI Consumer Discretionary Index ETF (FDIS): ETF Research Reports\nARK Innovation ETF (ARKK): ETF Research Reports\nProShares Online Retail ETF (ONLN): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2476621362"}