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Cathie Wood Is Selling 2 Magnificent Seven Stocks, but Piling Into Another

The Motley Fool·
Cathie Wood Is Selling 2 Magnificent Seven Stocks, but Piling Into Another

Cathie Wood's ARK Innovation ETF has sold significant positions in Alphabet and Amazon following recent price declines, while simultaneously purchasing roughly 38,000 shares of Meta Platforms. Despite the counterintuitive move of buying the rising stock and selling the dips, the article suggests all three remain attractively valued for long-term investors.

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