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Cathie Wood Loads Up on Nvidia as Stock Rises

Guavy AI Editorial Team
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NVDA
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Nvidia (NVDA) stock price rose as Cathie Wood's ARK Invest loaded up on shares, but is it a good time to buy?

Cathie Wood, CEO of ARK Invest, has been investing heavily in Nvidia, purchasing over 1.3 million shares, making it the firm's second-largest holding.

Nvidia has been a top performer among tech stocks this year, with its stock price increasing by about 20% since the start of 2024, but some analysts are warning that the company may be due for a correction.

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