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Cathie Wood Buys Alibaba and Baidu: Momentum or More Value Ahead?
MarketBeat·2025-09-29 21:09

Chasing after others' buying can sometimes work, as long as investors have their own unique reason to buy, founded upon sound fundamentals. Recently, Cathie Wood from Ark Innovation ETF NYSEARCA: ARKK chose to expand her horizons beyond the United States technology sector, finding opportunities for undervalued blue chips in China and deploying a few million into some of the biggest names in Asia’s powerhouse. Her choice centered around shares of Alibaba Group NYSE: BABA and Baidu Inc. NASDAQ: BIDU as they a ...