In this article, we discuss the 10 Best Tech Stocks to Buy According to Cathie Wood.
Cathie Wood is not a new name on Wall Street, but a force to reckon with as the head of Ark Investment Management, one of the most tracked investment funds. Wood bounced to prominence as she returned a remarkable 153% in 2020 at the height of the pandemic.
Known for buying stocks when they fall and selling once they rise significantly, the fund has experienced a volatile ride, swinging from sharp losses to substantial gains. Wood’s investment strategy is known to reap significant rewards during a bull market but can also generate substantial losses when the market drops.
Wood was one of the biggest winners as equity markets rallied early in the year, betting on the potential deregulation of the Trump administration that was expected to benefit technology stocks. However, the momentum was short-lived as the stocks imploded in April, when Trump embarked on an aggressive trade war that alienated the US against other economies.
Fast forward, Wood’s tech holdings have bounced back from April lows with the easing of tariff risks. The flagship Ark Innovation ETF has already gained more than 30% outperforming the 12% gain for the S&P 500 year to date.
Wood is often tracked on Wall Street due to her focus on high-tech companies in emerging fields, such as artificial intelligence. Her investment portfolio also provides significant exposure to blockchain, biomedical technology, and robotics-related investment opportunities.
The ARK Innovation manager has already made it clear that now is the best time to bet on technology stocks amid the ongoing transition.
“During the current turbulent transition in the U.S., we think consumers and businesses are likely to accelerate the shift to technologically enabled innovation platforms including artificial intelligence, robotics, energy storage, blockchain technology, and multiomics sequencing,” she said.
With that in mind, let’s look at the 10 best tech stocks to buy according to Cathie Wood.
Cathie Wood of ARK Investment Management
Our Methodology
To come up with our list of Best Tech Stocks to Buy According to Cathie Wood, we scanned the Ark Investment Management’s Q2 2025 portfolio. We focused on the firm’s technology holdings and analyzed why they stand out. Additionally, we provided insights into their popularity among elite hedge funds based on second-quarter 2025 data. We also provided insights on why they stand out as a buy. Finally, we ranked the stocks in ascending order based on Ark Investment Management’s equity stakes in them.
Why are we interested in the stocks that hedge funds pile into? The reason is straightforward: our research has demonstrated that we can outperform the market by replicating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Best Tech Stocks to Buy According to Cathie Wood
10. Trimble Inc. (NASDAQ:TRMB)
ARK Investment Management Equity Stake: $61.31 Million
Number of Hedge Fund Holders: 45
Trimble Inc. (NASDAQ:TRMB) is one of the best tech stocks to buy, according to Cathie Wood. On September 11, at the Piper Sandler 4th Annual Growth Frontiers Conference, the company reiterated its shift towards a software-driven revenue model.
The shift is part of the company’s bid to target $3 billion in annual recurring revenue and $ 4 billion in revenue by 2027. Currently, the company generates at least 80% of its revenues from software offerings, with two-thirds from recurring sources.
Trimble has set its sights on the Trimble AECO segment, which remains a significant growth driver. The segment boasts of high teens ARR growth while staring at a $1 billion opportunity in cross-selling and upselling.
“The ARR there has been growing really well. We’re doing conversions in that business, but we’re also developing new products that are out of the gate subscriptions. When we think about those two segments, there’s a lot of overlap in the customers. We report that way for various reasons,” said Phil Sawarynski, CFO, and Trimble.
Trimble Inc. (NASDAQ:TRMB) is a technology company that creates hardware, software, and cloud services to connect the digital and physical worlds. Its solution helps customers in industries like construction, geospatial, agriculture, and transportation work more productively, safely, and sustainably.
9. CrowdStrike Holdings Inc. (NASDAQ:CRWD)
ARK Investment Management Equity Stake: $62.33 Million
Number of Hedge Fund Holders: 66
Crowdstrike Holdings Inc. (NASDAQ:CRWD) is one of the best tech stocks to buy, according to Cathie Wood. On September 10, the company confirmed a strategic collaboration with Amazon. The partnership paves the way for the company to offer its AI-powered cybersecurity platform CrowdStrike Falcon Go to Business Prime Essentials, Small, Medium, and Enterprise members.
Business Prime Duo members stand to enjoy up to a 50% discount on CrowdStrike Falcon Go. The collaboration is a game-changer for small businesses that remain vulnerable to modern ransomware and data breaches due to limited adoption of AI-powered security.
“For too long, small businesses have had to choose between growing their business and protecting it. We’re removing the barriers – cost, complexity, and time – to using industry-leading cybersecurity so every business can protect what they’ve built,” said Daniel Bernard, chief business officer at CrowdStrike.
The CrowdStrike Falcon platform stands out due to its integration of AI, which allows it to detect and respond to cyberattacks in real-time, thereby stopping breaches. It provides the same level of protection to small and medium-sized businesses in a fast, reliable, and easy-to-manage solution.
Crowdstrike Holdings Inc. (NASDAQ:CRWD) provides proactive cybersecurity services and a cloud-native platform that protects companies and critical infrastructure from cyberattacks by detecting and stopping threats in real-time. It also offers endpoint security, threat hunting, and protection for cloud environments and identities through its Falcon platform.
8. Toast, Inc. (NYSE:TOST)
ARK Investment Management Equity Stake: $83.17 Million
Number of Hedge Fund Holders: 67
Toast Inc. (NYSE:TOST) is one of the best tech stocks to buy, according to Cathie Wood. On September 9, at the Goldman Sachs Communicopia + Technology Conference 2025, the company outlined its strategic priorities, which include innovation in AI and international expansion.
Additionally, the company reiterated its robust growth trajectory, which includes a 31% year-over-year increase in gross profit for the second quarter. The company’s strong growth has positioned it to add over $400 million in annual recurring revenue. Consequently, it has set its sights on investments in AI and R&D as it seeks to accelerate growth.
Toast plans to enhance its total addressable market through AI innovation. Consequently, it plans to develop products such as Sous Chef and an AI Marketing assistant. It also plans to enhance its product capabilities to attract more enterprise customers.
“In Q2, we saw record net ads, like 8,500 net ads in our business, which was a record. We see the same momentum in the back half of the year, continue to accept progress that we’re making,” said CEO Aman Narang.
Toast Inc. (NYSE:TOST) provides an all-in-one restaurant technology platform, including a cloud-based point-of-sale (POS) system and management tools for restaurants and other food service businesses. The system integrates hardware (like POS terminals) and software to handle order taking, payment processing, menu and labor management, online ordering, gift cards, loyalty programs, and more.
7. PagerDuty Inc. (NYSE:PD)
ARK Investment Management Equity Stake: $131.45 Million
Number of Hedge Fund Holders: 31
PagerDuty Inc. (NYSE:PD) is one of the best tech stocks to buy, according to Cathie Wood. On September 4, Goldman Sachs reiterated its Neutral rating on the stock and $16 price target. The stance follows the company’s second-quarter results, as it achieved significant milestones in profitability and growth across international markets.
Revenue in the quarter increased 6% year over year to $123 million, in line with expectations, as earnings per share totaled $0.30, well above the forecasted $0.20. The better-than-expected results came from PagerDuty, which capitalized on the heightened adoption of AI.
“As AI drives both opportunity but also unprecedented enterprise complexity and variability, PagerDuty is uniquely positioned at the center of the emerging AI ecosystem as the preferred real-time operations platform for Enterprise and AI native companies and innovators. These achievements, combined with the appointment of our new CRO, reinforce our confidence in the long-term strength of our business and outlook,” said Jennifer Tejada, Chair and CEO.
Annual recurring revenue increased 5% year over year to $499 million, as customers with over $100,000 in revenue grew 6% to 868. For the third quarter, PagerDuty expects revenue to range between $124 million and $126 million, representing 4% to 6% year-over-year growth.
PagerDuty (NYSE:PD) provides a digital operations management platform that helps IT and DevOps teams detect, respond to, and resolve incidents and operational issues in real-time. The platform integrates with various monitoring tools and uses AI for incident summarization and automation.
6. GitLab Inc. (NASDAQ:GTLB)
ARK Investment Management Equity Stake: $148.53 Million
Number of Hedge Fund Holders: 47
Gitlab Inc. (NASDAQ:GTLB) is one of the best tech stocks to buy, according to Cathie Wood. On September 11, Guggenheim initiated coverage of the stock with a “Buy” rating and a $70 price target. The positive stance comes amid expectations that artificial intelligence will enhance demand for the company’s software platform, rather than undermining it.
According to Guggenheim, there is a significant increase in the headcount of developers amid heightened adoption of artificial intelligence. The increase can only result in substantial usage of the software platform, which should benefit GitLab.
“AI code assistants primarily augment developer workflows and complement GitLab’s comprehensive DevSecOps platform,” analysts wrote, adding that internal surveys show most enterprises plan to grow developer headcount.
Analysts at the research firm view the company as a leading enterprise-focused DevSecOps platform, owing to its high retention rate of over 95%. Consequently, concerns that AI coding assistants will ultimately replace developers who leverage the company’s solutions appear overblown.
Gitlab Inc. (NASDAQ:GTLB) provides an integrated, single-application platform for the entire DevOps lifecycle, offering tools for software development, security, and operations (DevSecOps). It helps teams collaborate on code, manage projects, automate builds and deployments using CI/CD, and ensure security and compliance throughout the entire process.
5. Teradyne, Inc. (NASDAQ:TER)
ARK Investment Management Equity Stake: $195.50 Million
Number of Hedge Fund Holders: 60
Teradyne, Inc. (NASDAQ:TER) is one of the best tech stocks to buy, according to Cathie Wood. On September 8 at the Goldman Sachs Communicopia + Technology Conference 2025, CEO Greg Smith reiterated that the company is in a robust position in the AI-driven market.
The company has started leveraging artificial intelligence to drive growth in the semiconductor sector. Part of the strategy entails focusing on faster-growing segments despite weakness in Europe. According to the CEO, the company is staring at tremendous opportunities in the test business.
“Right now, for that test business, both product test and semi-test, we are in sort of the beginning of a significant growth period, driven primarily by AI, but it extends across all the different segments of product test and semiconductor test,” Smith said.
While robotics is a new business, the company is pursuing opportunities in advanced robotics as it looks to capture secular growth. In the robotics segment, the company is pivoting more towards logistics, Pharma, and electronics as it eyes revenue from a major customer in 2027.
Teradyne, Inc. (NASDAQ:TER) designs, develops, and manufactures automated test equipment (ATE) and advanced robotics systems for the manufacturing and electronics industries. Their test solutions verify that semiconductors and complex electronic products function correctly.
4. Meta Platforms, Inc. (NASDAQ:META)
ARK Investment Management Equity Stake: $214.42 Million
Number of Hedge Fund Holders: 260
Meta Platforms Inc. (NASDAQ:META) is one of the best tech stocks to buy, according to Cathie Wood. On September 11, the US Federal Trade Commission announced an investigation into consumer-facing AI-powered chatbots.
The social networking giant is being investigated on how it uses AI-powered chatbots on its platform to measure, test, and monitor the negative impacts of the technology. The FTC also wants to know how Meta and other tech giants monetize user engagement, process user inputs, generate outputs, and use information generated by the chatbots.
The probe follows reports that Meta permitted chatbots to have romantic conversations with children. A family has also sued OpenAI over the role ChatGPT played in their teen’s suicide.
Meta Platforms Inc. (NASDAQ:META) develops and operates social media services like Facebook, Instagram, and WhatsApp. It focuses on building the future of the internet through immersive technologies, such as virtual reality (VR) and augmented reality (AR), for the metaverse.
3. Advanced Micro Devices, Inc. (NASDAQ:AMD)
ARK Investment Management Equity Stake: $250.21 Million
Number of Hedge Fund Holders: 113
Advanced Micro Devices Inc. (NASDAQ: AMD) is one of the best tech stocks to buy, according to Cathie Wood. On September 11, Absci Corporation (ABSI), a clinical-stage biotechnology firm, announced a strategic partnership with Oracle Cloud Infrastructure and Advanced Micro Devices Inc. to advance its AI-powered drug discovery platform.
Under the terms of the agreement, Absci is to leverage AMD’s 5th Generation EPYC processor and RDMA cluster network to develop an AI-driven drug discovery platform. The integration will enable Absci to leverage low-latency networking and high-throughput capabilities, while also enhancing platform performance and scalability.
“Our mission is to push the boundaries of how we design new therapeutics,” said Sean McClain, Founder and CEO of Absci. “With OCI and AMD, we are pairing our cutting-edge AI models with best-in-class infrastructure.”
Advanced Micro Devices Inc. (NASDAQ:AMD) is a semiconductor company that designs high-performance and adaptive computing technologies, including CPUs, GPUs, and FPGAs, for various sectors such as PCs, data centers, gaming, and embedded systems. Its products power artificial intelligence, supercomputing, cloud computing, and entertainment.
2. Circle Internet Group Inc. (NYSE:CRCL)
ARK Investment Management Equity Stake: $530.17 Million
Number of Hedge Fund Holders: 39
Circle Internet Group Inc. (NYSE:CRCL) is one of the best tech stocks to buy, according to Cathie Wood. On September 9, analysts at Bernstein SocGen Group reiterated an “Outperform” rating on the stock and a $230 price target.
In its research note, Bernstein SoGen reiterated that Circle Internet does not face significant risks with its USDC stablecoin. The stablecoin is currently being used as collateral on Hyperliquid, a leading on-chain futures exchange.
Paxos’ proposal to use a USDH stablecoin for the Hyperledger ecosystem had raised serious concerns. There were concerns that 95% of the interest earned from USDH could end up being used to purchase the Hyperliquids native token, Hype. While Circle is well-positioned to face new competition with the GENIUS ACT, Bernstein does not see it posing significant risks to the USDC stablecoin.
Circle Internet Group Inc. (NYSE:CRCL) is a global financial technology firm that enables businesses of all sizes to harness the power of cryptocurrency and public blockchains for payments and commerce worldwide.
1. Shopify Inc. (NASDAQ:SHOP)
ARK Investment Management Equity Stake: $582.46 Million
Number of Hedge Fund Holders: 69
Shopify Inc. (NASDAQ:SHOP) is one of the best tech stocks to buy, according to Cathie Wood. On August 27, Cantor Fitzgerald reiterated a ‘Neutral’ rating on the stock and a $156 price target. The neutral stance follows the stock’s impressive 103% gain over the past year.
Likewise, Cantor Fitzgerald remains confident about the company’s outlook amid growing cross-border transaction volumes. In the second quarter, border merchandise represented about 15% of the company’s total GMV. Similarly, only 4% of the global gross merchandise volume was shipped under the de minimis provision, which is an exemption from duties and taxes.
The fact that Shopify has yet to see any negative changes in GMV levels related to products shipped under the de minimis exemption for China underlines a booming retail sector. The de minimis provision exempted goods valued at under $800 million from duties and taxes.
Shopify Inc. (NASDAQ:SHOP) is a global e-commerce company that provides businesses with the internet infrastructure and tools to start, manage, and grow their businesses online. The platform offers features for creating online stores, accepting payments, managing inventory, and marketing products.
While we acknowledge the potential of Shopify Inc. (NASDAQ:SHOP) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SHOP and that has 100x upside potential, check out our report about this cheapest AI stock.
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