Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood, the brains behind Ark Invest and a stock market veteran, is always on the lookout for opportunities in growth and innovation. This week, with many high-flying growth stocks taking a pause, Wood was back in shopping mode, adding to positions in Advanced Micro Devices (AMD), BYD (BYDDY), and WeRide (WeRide Autonomous). Let’s break down why she chose these three companies and what it could mean for investors.
1. Advanced Micro Devices (AMD)
AMD was one of the few tech stocks climbing on Tuesday, but it’s had a rough ride lately. The company’s shares are down roughly 13% from their peak three months ago. AMD, known for CPUs, GPUs, and AI-focused chips, was a bit late to the AI party but its data center AI business has been gaining momentum since mid-2024.
Here’s a quick look at AMD’s year-over-year growth over the past seven quarters:
- Q1 2024: 2%
- Q2 2024: 9%
- Q3 2024: 18%
- Q4 2024: 24%
- Q1 2025: 36%
- Q2 2025: 32%
- Q3 2025: 36%
You might notice a slowdown in early 2024, this was when trade tensions and tariffs hit AMD’s sales in China. In Q2 2024 alone, the company took an $800 million hit due to restrictions on shipping Instinct MI308 GPUs to the country. Analysts expect revenue growth to moderate slightly in Q4 2025, around 26%.
The bright side? Wall Street predicts a 32% revenue jump for 2026, along with a 65% increase in earnings. AMD isn’t exactly a bargain at a forward P/E of 35, especially compared to Nvidia’s 23 but with AI demand booming, there’s room for upside, particularly as AMD continues to expand in data centers.
2. BYD (BYDDY)
BYD made headlines last year by outselling Tesla in global electric vehicle (EV) deliveries, a surprising feat given Tesla’s brand dominance. But in terms of market value, Tesla still dwarfs BYD. Tesla’s market cap is close to $1.4 trillion, while BYD’s $121 billion in trailing revenue slightly outpaces Tesla’s $96 billion.
BYD focuses on value-priced EVs produced at scale. Revenue is up 23% year-over-year, while Tesla’s growth has slowed. Yet, BYD shares have only risen about 8% over the past 12 months, underperforming the broader market.
Wood isn’t picking favorites, Tesla remains Ark’s largest holding but she chose to increase exposure to BYD this week, signaling confidence in the company’s long-term growth potential.
3. WeRide
WeRide, a Chinese autonomous driving company, is moving fast literally. It now operates in eight countries and is expanding its autonomous vehicle services aggressively. Revenue is expected to more than double each year for the next three years.
Profitability may still be a few years out (potentially not until 2028), but Wood’s investment style is all about patience in promising industries. With autonomous vehicles gaining traction globally, her bet on WeRide aligns with Ark’s long-term focus on disruptive technologies.
Bottom Line
Cathie Wood’s latest purchases highlight her strategy: buy innovative, high-growth companies at a price that feels reasonable, even when the market hesitates. AMD, BYD, and WeRide aren’t the flashiest stocks right now, but each has a story of growth, resilience, and future potential.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk, including the loss of principal. Always do your own research or consult a licensed financial advisor before making investment decisions.
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