Growth stocks rock the world! Bet on ARKK?

The anticipated rebound seems to come with growth stocks leading! Growth stocks like PLTR, SHOP, ROKU, AFRM all surge over 20% or more, while big tech lag behind. If you are confused about which growth stock to choose, why not look at ARKK - Wood's fund focusing on the growth tech stocks. -------------- Do you agree that growth stocks will lead the rebound in Nov.? Will you allocate your fund to growth stocks? Will you invest in ARKK or other companies?

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2024-06-17

Evaluating ARK Innovation ETF (ARKK): A High-Stakes Bet on Future Growth

The ARK Innovation ETF (ARKK) has been making waves in the investment world, offering exposure to a portfolio of disruptive growth companies. As an investor seeking to capitalise on the future of innovation, ARKK presents an intriguing opportunity – but is it worth the risk? Let's delve into the current financial data and unique metrics to evaluate this growth powerhouse. Rocketing Growth Stocks on Market Display Impressive Growth, But at What Cost? One standout metric is the fund's weighted harmonic average revenue growth rate, which currently stands at an impressive 38.7% as of Q2 2024. This figure is driven by the explosive top-line expansion of holdings like Tesla (64% revenue growth in Q1 2024) and Coinbase (59% year-over-year growth in Q1 2024). However, growth alone doesn't tell the
Evaluating ARK Innovation ETF (ARKK): A High-Stakes Bet on Future Growth