Cathie Wood’s Latest Portfolio: 5 New Stock Picks in 2022

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In this article we discuss 5 new stock picks of Cathie Wood. To see some other new stocks in Cathie Wood’s latest portfolio go to Cathie Wood’s Latest Portfolio: 10 New Stock Picks in 2022.

5. Atlantic Coastal Acquisition Corp (NASDAQ:ACAH)

An important SPAC in Cathie Wood’s latest portfolio, Atlantic Coastal Acquisition Corp (NASDAQ:ACAH) is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination. Cathie Wood’s ARK bought 865,068 shares of the SPAC in the first quarter of 2022. The total value of these shares is $8.43 million.

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