Kathy would make shocking stock prediction for Tesla that has the whole Market in a frenzy we'll also be telling you about some stocks we're interested in and would love your feedback in the comments below so if you hold any Tesla stock or plan on investing in the near future you need to watch this full video hello everyone you're watching trade daily like And subscribe to get all the latest news on Tesla and Tesla stocks now let's get into the news.well start this off by looking at Tesla's stock
price today a share of Tesla stock is trading at 196 dollars per share down five percent at the time of recording these high-powered growth stocks could turbocharge your investment returns Kathy Wood is back to her winning ways Woods Flagship fund Ark Innovation ETF is up nearly 30 so far in 2023 handily outpacing the NASDAQ Composite and S and P 500 indexes here are two of wood's favorite stocks that are helping to drive Ark returns both are intriguing long-term Investments for you to consider buying today
first up on Kathy's Christmas list Roku is one of Ark innovation's largest positions the streaming leader accounts for nearly seven percent of the ETF Investment Portfolio and its stock price is up more than 40 percent so far this year Roku Aggregates streaming services on one convenient platform people viewed over 87 billion hours of content on Roku in 2022 a total of 19 from the prior year advertising dollars follow eyeballs so they're increasingly flowing to roku's ad Network
new Partnerships with streaming providers such as the one Roku recently struck with Warner Bros Discovery are bringing more popular shows to its platform more content means more streaming hours viewed and more ad spots that Roku can sell to marketers Roku also announced the launch of its own line of TV last month the company is integrating its popular streaming software with Innovative Hardware features to create an affordable top-notch user experience these new smart TVs should help to expand roku's
market share in their big Ideas 2023 report Ark researchers noted that approximately 85 percent of U.S households have at least one internet connected TV but the ad market for connected TV is less than a quarter of the size of total ustv ad spending Kathy Wood and her team expect this Gap to close as providers of streaming ad Solutions steadily wrestle market share away from traditional T marketers in the coming years Roker CEO of Anthony Wood is even more bullish on the industry's long-term
prospects the world is moving to streaming he said during an interview with CNBC in January all TV is going to be streamed that means all TV advertising is going to be streamed Roku stands to benefit from this Mega Trend more than perhaps any other company which makes it a great stock to buy today the next pick is a personal favorite trade daily can you pause the video and guess in the comments down below well pin the first user to get it correctly and dogcheap as well know anyways the second pick for today is Tesla is Ark
innovation's biggest holding the electric vehicle leader accounts for more than 10 percent of the fund's portfolio it's also a major driver of Ark impressive gains in 2023 Tesla's stock price is up a stunning 63 so far in this year what is an Arden Tesla bull she's also adamant about the jaw-dropping growth potential of the electric vehicle Market Ark analyst project that EV sales will soar more than Sevenfold to 60 million units by 2027 fueled by Falling battery costs and in turn lower vehicle prices
wood is also intrigued by Tesla's artificial intelligence and data analytics capabilities with its vast pool of real-world driving data Tesla has an opportunity to create a leading autonomous taxi platform according to Wood arcs research team believes autonomous ride hailing Services could eventually become a massive 11 trillion dollars Market if Ark is even remotely accurate with these Grand predictions Tesla has a huge runway for growth still ahead the EV Titan's Revenue surged 51 to 81.5
billion dollars in 2022 while its net income soared 128 to 12.6 billion dollars Tesla expects to produce 1.8 million EV in 2023 up from 1.3 million last year yet despite this rapid pace of expansion Tesla's sales still represent just a small fraction of what believes they can reach in the coming years buy shares today and you can position yourself to profit alongside Ark as the EV leader Works to fulfill its terrific growth potential kathywood makes an eye-opening prediction for Tesla her Arc funds have
snagged 806 663 Tesla shares in January alone recently valued at 105.4 million dollars famed investor Kathy Wood chief executive of Arc investment management is a True Believer when it comes to electric vehicle Titan Tesla and its founder Elon Musk Arc funds have gobbled up 806 6663 Tesla shares in January alone recently valued at 105.4 million dollars Tesla is the Note 3 holding in her Flagship Arc Innovation ETF behind no one exact sciences and zoom Video Communications Tesla shares and plunge 58 during the
last year amid worries about production and demand issues investors also aren't too thrilled with Chief Executive Elon musk's preoccupation with his newlywed Twitter but wood sees big gains ahead for the stock just from electric vehicles there could be almost a five-fold increase in this stock during the next five years she said in a webinar cited by CNBC and if you believe in autonomous cars and all it's closer to 13 times during the next five years so we are as bullish about Tesla as we've ever been
five times the recent price would be 653 dollars and thirteen times would be one thousand six hundred ninety nine dollars the company has implemented big Global price cuts and wood thinks that's a smart strategy Tesla is going to be very aggressive in pricing she said Tesla can afford to do this it's got the lowest cost structure and is innovating the most aggressively the other auto manufacturers will have to follow these price declines but it will hurt them from a margin and profitability point of
view quite significantly meanwhile Woods investment performance hasn't exactly overwhelmed the financial world over the past year as her young technology stocks have slumped Arc Innovation ETF has slid 53 during that period and 78 percent from its February 2021 Peak wood has defended her strategy by noting that she has a five-year investment Horizon but the five-year annualized return of Arc Innovation was negative 1.48 through Jan 19. compared with the s p 500's positive Return of 8.67 the
fund's performance also doesn't come close to Wood's goal for annualized returns of 15 over 5-year periods Arc Innovations subpar returns May finally be starting to push investors away the 6.6 billion dollars fund registered at net investment outflow of 382 million dollars in the past month according to ETF research firm venify but it's still not sure 1.59 billion dollars inflow over the past year Tesla isn't the only EV maker with a power and energy business shares of Chinese electric vehicle EV make her Neo
drop as much as four percent Friday morning extending what has become a nearly two-week decline while it gains some of today's losses back Neo's American depository shares were still down by 2.6 percent as of 11 35 amnet the decline started when the company reported its January delivery data but Neo also just announced some positive news that highlighted the company's strategy of becoming more than just a seller of electric cars like sector leader Tesla Neo has a burgeoning energy business and it just
released an update regarding those services Neo has differentiated itself from other Global EV makers with a battery as a service but s auction that allows customers to lower The Upfront cost of Neo's vehicles and instead pay a subscription to use Neo's Power Swap Station Network now the company is trying to grow its business in Europe by leveraging their power products and solutions segment Neo accelerated its vehicle shipments to Europe last year to grow into several European countries but
Neo said this week that it also has joined the European Union's Horizon Europe research program that program will provide the company funding to expand research and development of energy storage systems Neo will leverage his battery swap stations to additionally offer power grid services to make Energy Systems more resilient reliable and efficient the company's European business will take time to expand however investors today are rather focused on more short-term news such as Neo's struggle
to deliver vehicles in January after two consecutive months of record deliveries the company delivered the lowest number of EV last months since May 2022 and with that ladies and gentlemen we've come to the end of the news like And subscribe to stay up to date with all the Tesla news but just before we go ige like to remind you that this video is for news and entertainment only and should not be used as investment advice
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