Cathie Wood's Favorite Penny Stocks? Ark Invest top 5 stocks! Best penny stocks to buy now!

Let’s discuss Cathie Wood of Ark Invest predicts well over 100% upside for the stocks that we will talk about in this video and we will even talk about the top 10 best penny stocks to buy right now that may be brought into Cathie Woods Ark ETFs one day. These penny stocks are very popular on Reddit so I want you all to decide for yourselves if any of these penny stocks deserve an investment from you. With that being said remember to go and press the like button right now if you like Ark Invest ETFs, comment down below one of your favorite stocks Cathie Wood owns in her Ark Fund, subscribe and turn on all subscription notifications to stay informed, and now let’s get right into today’s stories. One of Cathie Wood's most famous and recent investments is Draftkings which is a very popular sports betting and fantasy sports company that has grown its revenues at an average annual rate of 50% percent for the last 5 consecutive years. Cathie Wood firmly believes that by 2025 Draftkings will maintain their leadership in this space to where the market could be worth over $15 billions annually which will work out very favorably for the company. Next, we have another Ark Invest Favorite which is Shopify and this company is setting itself up to be the next e-commerce giant and I would say that they are doing a great job because they are one of the leading e-commerce platforms for small businesses with an average annual revenue growth rate of 70% and in quieter 2 they had over a billion in revenues. Next up we have one of my personal favorite stocks that I report on often is Palantir Technologies which is a big data software, analytics, and AI company that has grown its revenues around 47% over the past year. They are also anticipated to have an annual revenue growth rate of 30% until 2025 which is absolutely fantastic news making it one of Cathie Wood's favorite stocks. However, even with that being said, Cathie Wood’s top 5 holdings are Tesla, Teledoc health, Unity technologies, Coinbase, and square. These companies should give investors great returns according to Ark Invest analysts but the real trick is to find stocks that Ark has yet to adopt into their ETFs such as the stocks we are about to talk about. These hidden gems have great growth potential but they are all extremely risky and there is no guarantee that ark will invest in these penny stocks so invest with caution. Thanks to Internet forums like Reddit the stock market now has a new kind of investor that is willing to take on large amounts of risk for huge rewards. According to a Goldman Sachs analyst, he noted that this new breed of investor has successfully outperformed the stock market benchmark such as the S&P 500 many times over however there are also many investors that take this same high-risk high reward strategy who lose money so keep that in mind and always have propped risk management. This type of investor has also put a huge burden on hedge funds which already have a tarnished reputation among retail investors because many hedge funds can not seem to beat the regular market returns. With that being said there are a few hedge funds that have beat the market by over 124% since March of 2017 so we will take a look at how many hedge funds own these penny stocks as a useful indicator of how valuable these stocks could actually be in the future. These penny stocks are listed from worst to best but please use your own discretion and do your own research on what stocks you think are good or not so feel free to throw a few of these stocks into a watch list. In our number 10 spot, we have Farmmi which is a Chinese-based firm that sells agricultural products. Their current stock price is 20 cents per share with a market cap of around $40 million.

#cathiewood #arkinvest #arketf #penny stocks

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Disclosure: This video was done by myself, and it expresses my own opinions. This is not investment advice and it should not be taken as investment advice in any way shape or form. I am not receiving any form of compensation for this video from the company or organization that I am expressing opinions about. This video is for entertainment purposes only.

[ssing]

Thanks for this. Would love more videos on these little “smaller” stocks that are the “meme” stocks ( and I say that for popularity. Not just popular but have fundamentals ) cough cough GME … haha

Really appreciate all the videos you do!!! Keep it up and good weekend to you

[BohemianKitsch]

Xela is the truth. virtually no real risk at the current price. even when it dips, it ALWAYS rises above $2.00 and often hovers around 2.20-2.60. it doesn't even have to break into 3.00 to be a good play. i'm not familiar with the top 3, so i guess that's how i will be spending my evening. THANKS. :)

[nohack]

Great video on both penny stocks and about Cathie Wood of Ark Invest!!! Well done

[NathanielRises]

The one everyone is just shocked Ark don’t own is BNGO.

[alexgreygmailcom]

Congratulations to me on acquiring a new house due to the investment I made on stocks, 2021 is going to be a great year for me.

[pan_bev_nice]

Unfortunately, Shopify ain't penny stock by any stretch of the imagination.