Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

Cathie Wood is the co-founder and CEO of Ark Invest exchange-traded funds. She is buying disruptors on the cheap. Wood added to her existing stakes in Velo3D, DraftKings and Nvidia on Monday.

Velo3D is a 3D printing company with a platform that helps companies with heavy machinery make mission-critical metal parts faster and cheaper. It has just $51 million in trailing revenue, but it expects to score $89 million this year. The stock has more than tripled since bottoming out earlier this this summer, though it's still below last year's highs.

Cathie Wood bought DraftKings stock on six consecutive trading days. Draft Kings is a leader in fantasy sports and online gambling. It had 1.5 million paying customers in its latest quarter. Revenue rose 57% and the company boosted its full-year guidance.

Nvidia's stock has lost 60% of its value since peaking last November. Revenue rose just 3% in the latest quarter. Its guidance calls for a 17% decline for the current quarter, which is bad news for investors. Cathie Wood bought five stocks on Monday. She recommends Velo3D, DraftKings, and Nvidia.