5 Best ARK Stocks To Buy Now

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In this article, we will take a look at the 5 best ARK stocks to buy now. To see more such companies, go directly to 15 Best ARK Stocks To Buy Now.

5. UiPath Inc. (NYSE:PATH)

Number of Q4 2023 Hedge Fund Shareholders: 38

Ark Invest’s Q1 2024 Investment Stake: $717 million

UiPath Inc. (NYSE:PATH) is a global software company that specializes in robotic process automation (RPA) software. Founded by Daniel Dines and Marius Tîrcă, the company has its roots in Bucharest, Romania.

Insider Monkey’s analysis of hedge fund portfolios in the fourth quarter of 2023 revealed that 38 out of 933 hedge funds held shares in UiPath Inc. (NYSE:PATH). Notably, Catherine D. Wood’s ARK Investment Management emerged as the largest shareholder, with holdings valued at $1 billion.

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