Here's why Cathie Wood and Kevin O'Leary are still bullish on growth stocks
CNN
Tech stocks have taken a hit lately as investors continue to seek comfort in banks, big oil and other value sectors. But some fans of trendy momentum stocks aren't giving up on them just yet.
That's the message from Cathie Wood of Ark Invest — who has become one of the more influential voices on Wall Street and is a major backer of Tesla (TSLA) — and two other titans of growth investing, who shared their investment insights Thursday. "We've seen higher valuation stocks hit hard this year. But the growth for these innovative companies will still be treated well over time," Wood said during a webcast hosted by Cboe (CBOE) Global Markets.
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