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1 Cathie Wood Stock for Less Than $15 That Could Soar Under the Incoming Trump Administration


Published on 2024-12-30 02:20:55 - AOL
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  • Archer Aviation shares have soared, and the stock could fly even higher as Trump enters the Oval Office again.

The article from AOL Finance discusses Cathie Wood's investment in Velo3D, a company specializing in metal 3D printing technology. Despite a significant drop in Velo3D's stock price, Wood has continued to invest, seeing potential in its technology which is used for producing complex parts for industries like aerospace and defense. The stock, which once traded at $10 per share, has fallen to around $1.60, but Wood's Ark Invest has been buying more shares, betting on the company's future growth. The article highlights the risks associated with such investments, noting that while Velo3D has potential, its current financial health shows a net loss and negative cash flow, making it a high-risk, high-reward scenario.

Read the Full AOL Article at:
[ https://www.aol.com/finance/1-cathie-wood-stock-less-114500532.html ]
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