Cathie Wood’s Stock Portfolio: Top 5 Stock Picks For 2023

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In this article, we will look at Cathie Wood’s top 5 stock picks for 2023. If you want to explore similar stocks, you can go to Cathie Wood’s Stock Portfolio: 2023 Stock Picks.

5. UiPath Inc. (NYSE:PATH)

Weight of Ark Investment Management’s 13F Portfolio: 5.34%

On April 3, TD Cowen analyst Bryan Bergin raised his price target on UiPath Inc. (NYSE:PATH) to $22 from $20 and maintained an Outperform rating on the shares.

On March 15, UiPath Inc. (NYSE:PATH) reported earnings for the fourth quarter of fiscal 2023. The company generated a revenue of $308.5 million, up 6.51% year over year and ahead of Wall Street consensus by $29.85 million. UiPath Inc. (NYSE:PATH) reported an EPS of $0.15 and outperformed EPS estimates by $0.08.

UiPath Inc. (NYSE:PATH) makes up for 5.34% of Cathie Wood’s investment portfolio. The stock is one of Cathie Wood’s top stock picks for 2023 and has gained 38.73% year to date, as of April 5.

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