Cathie Wood dumps Palantir stock, doubles down on these stocks

Cathie Wood, the chief executive officer (CEO) of Ark Invest Management, remains a divisive figure in the world of investing. While her bold bets on innovative, disruptive tech companies like Tesla (NASDAQ: TSLA), appear at times to be prescient, her high-risk, high-reward strategy also has a habit of accruing significant losses when growth stocks collapse. In addition, Wood is notorious for setting incredibly high price targets and making ambitious predictions — most of which have yet to materialize. Wood ...