Cathie Wood Acquires AMD, Airbnb, and Figma Stocks

Cathie Wood, CEO of Ark Invest, has made notable acquisitions in Advanced Micro Devices (AMD), Airbnb, and Figma, as her ETF has seen a 77% increase over the past year. Despite strong demand for AI chips, AMD faces challenges with a recent stock decline and valuation concerns. Airbnb's stock has struggled, yet remains profitable with a $6 billion share buyback. Figma's IPO has been successful, trading significantly above its initial price. Wood's investments highlight a focus on growth stocks amid market fluctuations.

AMD has experienced a recent downturn, with shares slipping 15% from their 52-week high. While revenue growth has slowed, demand for data center chips remains strong. Some analysts have downgraded AMD due to high valuation concerns, but the company maintains a robust market presence.

Airbnb's stock has risen just 4% over the past year. International travel restrictions and economic uncertainties pose challenges to Airbnb's growth. However, the company continues to generate strong cash flow and is enhancing shareholder value through stock buybacks.

Figma's stock surged post-IPO but has recently declined. Despite this, Figma continues to record strong revenue growth and remains an attractive option for growth investors. Wood views the recent decline as a buying opportunity.