5 Tech Stocks To Sell Right Now According To Cathie Wood

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In this article, we discuss 5 tech stocks to sell according to Cathie Wood. If you want to read our discussion on Cathie Wood’s latest investment plays, head directly to 12 Tech Stocks To Sell Right Now According To Cathie Wood

5. Camtek Ltd. (NASDAQ:CAMT)

Number of Hedge Fund Holders: 19

Percentage of Stake Discarded: 33%

Camtek Ltd. (NASDAQ:CAMT) specializes in the development, manufacturing, and sale of inspection and metrology equipment for different segments of the semiconductor industry, including advanced interconnect packaging, memory, image sensors, micro-electro mechanical systems, and radio frequency. In Q4 2023, Camtek Ltd. (NASDAQ:CAMT) was on the list of stocks to sell according to Cathie Wood. She slashed 33% of her stake, holding 33,942 shares worth $2.35 million at the end of December. 

On February 20, Camtek Ltd. (NASDAQ:CAMT) reported a Q4 non-GAAP EPS of $0.57 and a revenue of $88.7 million, outperforming Wall Street estimates by $0.04 and $0.68 million, respectively. 

ACcording to Insider Monkey’s fourth quarter database, 19 hedge funds held stakes in Camtek Ltd. (NASDAQ:CAMT), compared to 18 funds in the prior quarter. Richard Driehaus’ Driehaus Capital is the leading stakeholder of the company, with 2 million shares worth $142.2 million. 

Follow Camtek Ltd (NASDAQ:CAMT)

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