Cathie Wood, the CEO of ARK Investment Management, has a history of using her hedge fund to search out market disruptions. She had sold $600 million in Tesla, Inc. stock by October to invest in crypto stocks. Cathie Wood is adamant about her positive outlook on disruptive technology, claiming that ‘benchmark stocks,’ not her picks, are in a bubble. She sold most of her Chinese equities in the third quarter, including Alibaba Group Holding Limited, since she believes the Chinese market is highly uncertain.
Here is Insider Monkey’s list of the 10 micro-cap stocks to buy according to Cathie Wood. Cathie Wood owns more than one million shares of Ceragon Networks Ltd. worth $3.59 million as of Q3 2021. With a $6.24 million investment, Royce & Associates is the company’s largest shareholder in Q3. With a market size of $130.65 million, PolyPid Ltd. is one of the top micro-cap stocks in ARK Investment Management’s Q3 portfolio. Louis Bacon’s Moore Global Investments had 279,942 shares worth $2.18 million among the hedge funds tracked by Insider Monkey in the third quarter. Cathie Wood holds 244,165 shares in UroGen Pharma Ltd through ARK Investment Management. With 750,000 shares worth $12.61 million, Jeffrey Jay and David Kroin’s Great Point Partners is the company’s largest shareholder. With a market size of $119.79 million, Cathie Wood believes Enlivex Therapeutics Ltd. is one of the top micro-cap stocks to purchase. The company’s ongoing sepsis and COVID-19 trials have received approval to expand into Spanish sites. Exco Technologies Limited reported $0.18 GAAP EPS for the third quarter on December 1. The quarterly revenue of $106.4 million was 5.6 percent year over year. For more details, click 10 Micro-Cap Stocks To Buy According To Cathie Wood.