Cathie Wood Goes Bargain Hunting in the Market Crash. 2 AI Stocks She Just Bought.

The stock market has crashed, but that hasn't prompted famous investor Cathie Wood to flee. Instead, the chief executive officer of Ark Invest is shopping for bargains as many innovators -- the type of companies she favors -- have seen their valuations plunge. Wood is known for going against the crowd and making long-term bets on potential future winners.The stock market may look like a scary place today amid the declines. President Donald Trump's tariffs on imports from countries worldwide have stirred up concerns about rising prices for consumers and higher expenses for U.S. companies. That could lead to consumers spending less -- and companies feeling the pressure on earnings. All of this has even prompted economists to say a recession may be on the way.Yet against this backdrop, Wood continues to invest -- and so should you. And here's why.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool