Cathie Wood loves the setup for her stocks after sell-off, expects big returns from her strategies
Ark Invest's Cathie Wood said the recent sell-off in growth-oriented areas of the market creates opportunity."I love this setup," she said Friday on CNBC's "Closing Bell." "The worst thing that could have happened to us is to have the market narrowly focus on just our ilk of stock — the innovation space."Wood envisions her strategies posting a compound annual rate of return between 25% and 30%.Cathie Wood, founder of Ark Invest, said Friday that the pullback in technology stocks is not a cause f