Here's how Cathie Wood and Ark Invest's ETFs performed in 2020
Ark Innovation $ARKK: +158%
Ark Next Gen Internet $ARKW: +160%
Ark Genomic Revolution $ARKG: +189%
Ark Fintech $ARKF: +109%
Ark Autonomous Tech & Robotics $ARKQ: +108%
Safe to say 2020 was
@CathieDWood
's year
Cathie and Ark Invest bought Palantir $PLTR for the first time ever in $ARKK this week on Thursday
Here's Palantir's price range on the days Cathie bought this week:
Tuesday: High $30.4 Low $27.3 for $ARKW
Thursday: High $26.3 Low $24.5 for $ARKK
At these new price targets from Cathie Wood and Ark Invest here's the approximate market capitalization Tesla $TSLA would be at:
Bear Case: $1.44T (+129% from the current valuation)
Expected Value: $2.88T (+358%)
Bull Case: $3.84T (+511%)
JUST IN:
Cathie Wood and Ark Invest announced its updated Tesla $TSLA price target
Cathie Wood's new expected value for Tesla in 2029 is $2,600 or a ~$8.3 Trillion market cap, with a Bear case of $2,000 and a Bull case of $3,100