Cathie Wood’s ARK Fund Has 40% of the Portfolio in 5 Sizzling ‘Strong Buy’ Stocks

  • OnZoom is a prosumer-focused virtual event platform and marketplace for Zoom users to create, host and monetize online events.
  • Zoom Webinars provide video presentations to large audiences from many devices.
  • Zoom Developer Platform enables developers, platform integrators, service providers and customers to build apps and integrations using Zoom’s video-based communications solutions, as well as integrate Zoom’s technology into their products and services.
  • Zoom App Marketplace helps developers to publish their apps, as well as third-party integrations of Zoom.
  • Zoom Contact Center is an omnichannel contact center solution.

Zoom Communications stock has a consensus price target of $83.49, and the most recent close was at $71.03.

Block

Led by Twitter founder Jack Dorsey, this is one of the premier fintech payment companies in the world. Block Inc. (NYSE: SQ) creates tools that enable sellers to accept card payments and provides reporting and analytics, as well as next-day settlement.

The company provides the following hardware products:

  • Square Register combines its hardware, point-of-sale software and payments technology.
  • Square Terminal is a payments device and receipt printer to replace traditional keypad terminals, as it accepts tap, dip and swipe payments.
  • Square Stand enables an iPad to be used as a payment terminal or full point-of-sale solution.
  • Square Reader for contactless and chip accepts EMV chip cards and NFC payments, enabling acceptance through Apple Pay, Google Pay and other mobile wallets.
  • Square Reader for magstripe enables swiped transactions of magnetic-stripe cards by connecting with an iOS or Android smartphone or tablet through the headphone jack or Lightning connector.

The company’s commerce products include Square for Restaurants, Square Appointments, Square for Retail, Square Point of Sale, Square Online, Square Online Checkout, Square Invoices and Square Virtual Terminal, Risk Manager and Order Manager. It offers payment application programming interfaces (APIs) and commerce APIs, as well as Cash App, an ecosystem of financial products and services that enables customers to store, send, receive, spend or invest their money.

Block stock has a $90 target price at Truist Financial. The consensus target is $84.59, and Friday’s closing print was $76.12.

Again, to draw a comparison with Warren Buffett, whose favorite holding period for his stock positions is “forever,” Cathie Wood’s similar “forever” time horizon is the key for aggressive growth investors looking to own the fund or its top holdings. Unless you are literally a day trader, you have to have a long investment horizon to be a player in this fund that looks to the future in a big way.

Originally published at 24/7 Wall St.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.