Cathie Wood Was Buying These 5 Stocks for 2024

Page 1 of 5

This article presents an overview of Cathie Wood Was Buying These 5 Stocks for 2024. For a detailed overview of such stocks, read our article, Cathie Wood Was Buying These 11 Stocks for 2024.

5. Toast Inc (NYSE:TOST)

Cathie Wood’s Stake: $42,829,195

Cloud-based restaurant management software company Toast Inc (NYSE:TOST) ranks fifth in our list of the top Cathie Wood stock picks in 2024. ARK increased its stake in Toast Inc (NYSE:TOST) by 102% during the fourth quarter of 2023.

Toast Inc (NYSE:TOST) recently posted Q4’2023 results, beating both earnings and revenue estimates. Toast Inc (NYSE:TOST) also revealed a restructuring plan that would eliminate 550 jobs. During the first quarter of 2024, the company expects its Q1 adjusted EBITDA of $15 million to $25 million.

Page 1 of 5