Cathie Wood: Innovation stocks are in 'bargain-basement' territory

  • 📰 TheStarPhoenix
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Here are three contrarian tech stocks to consider in a time of uncertainty

, video game software development company Unity garnered a lot of investor attention last year.

While shares continue to trade at beaten-down levels, Unity remains one of the top 10 holdings at Wood’s flagship fund, with a weighting of 4.9 per cent. While the company is far from a market favourite right now, it continues to deliver some very impressive growth numbers.Article contentImprovement was across the board. For the quarter, transaction-based revenue surged 40 per cent year over year, thanks to a 43 per cent increase in gross payment volume. Subscription and services-based revenues, meanwhile, jumped 55 per cent from a year ago.. In Q3, the company’s Cash App generated US$1.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 253. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This new competitor to the ARK Innovation ETF focuses on disruptive companies but aims to reduce volatilityThe Harbor Disruptive Innovation ETF takes a broad approach to stock selection.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest moves in the premarket: BP, First Horizon, defense stocks and moreThe stocks making the biggest moves in premarket trading include BP, First Horizon, defense stocks, and more.
Source: CNBC - 🏆 12. / 72 Read more »