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Cathie Wood Goes Bargain Hunting in China: 3 Stocks She Just Bought
['Rick Munarriz']
The Motley Fool
The growth investor kicked off this week buying up some promising Chinese growth stocks.
Wood added to her existing positions in Alibaba (BABA -0.70%), Pony AI (PONY 3.79%), and Baidu (BIDU -8.19%) on Monday.
Pony AI saw its shares top $23 in February, before plunging as low as $4.11 just two months later.
Pony AI has been faring well in the commercialization of robotaxis in China, standing out in a sea of self-driving-car stocks.
It's been a late bloomer in this potent year for Chinese growth stocks.
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