Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

This has been a rough year for Robinhood Markets (HOOD 2.15%), DraftKings (DKNG 1.53%), and Joby Aviation (JOBY 0.52%) investors. The three growth stocks have declined between 26% and 29% in 2026. At least one growth investor feels that the pullback is a buying opportunity.

The market may be selling these three stocks, but Cathie Wood is adding to these existing positions. The co-founder and CEO of Ark Invest is also the primary stock picker for the family of exchange-traded funds with an aggressive growth mindset. Let’s take a closer look at these latest purchases.

Image source: Getty Images.

  1. Robinhood Markets

The trading platform for the young masses keeps going upmarket. Its latest high-end offering is a platinum credit card, made almost entirely of actual platinum. The $695 annual fee may seem stiff for most investors who flocked to Robinhood for its zero-commission trading on stocks, options, and crypto (and not necessarily in that order). Beyond the status that comes with the heavy card, it offers 5% back on dining, as well as 5% on flights and 10% on hotels booked directly through its portal.

There are also several “coupon book” rebates that have become standard fare for the priciest of credit cards. A $250 annual credit on select autonomous riding may have limited appeal, but most users will find a way to optimize more accessible credits for hotel stays, travel, DoorDash, and select restaurants. The new – and currently invitation-only – offering follows the rollout of its enhanced Robinhood Gold, where subscribers pay $5 a month for access to 3.35% interest on brokerage cash balances and discounts on other products.

Expand

NASDAQ: HOOD

Robinhood Markets

Today’s Change

(-2.15%) $-1.73

Current Price

$78.83

Key Data Points

Market Cap

$73B

Day’s Range

$76.38 - $78.83

52wk Range

$29.66 - $153.86

Volume

641K

Avg Vol

28M

Gross Margin

94.96%

Investors can use a break in 2026. Robinhood has beaten the market over the past year, but it’s currently trading 29% lower year to date. A rough quarterly update, the bearish crypto winter, and margin call concerns with its more leveraged users have recently weighed on the platform’s prospects.

The 27% increase in revenue for Robinhood’s fourth quarter fell short of market expectations. It did deliver a beat on the bottom line, but some analysts called that performance out, as earnings benefited from an unexpectedly low tax rate for the period.

Robinhood will never be complacent. It has expanded its offerings to take advantage of fresh demand for futures trading and prediction markets. With crypto and options trading accounting for most of its transaction-based revenue, it’s a good thing to carve out more revenue streams. It will make it less susceptible the next time cryptocurrencies have a sharp correction.

Expand

NASDAQ: DKNG

DraftKings

Today’s Change

(-1.53%) $-0.39

Current Price

$25.07

Key Data Points

Market Cap

$13B

Day’s Range

$24.52 - $25.25

52wk Range

$21.01 - $48.78

Volume

231K

Avg Vol

14M

Gross Margin

41.25%

  1. DraftKings

Speaking of prediction markets, DraftKings used to be the cool kid in sports wagering before Polymarket and its peers surged in popularity. DraftKings stock has plummeted nearly 40% over the past year.

DraftKings initially had a great hook. Turning fantasy sports into a betting opportunity, it was easy to strike deals with leagues and sports networks that would otherwise be leery of encouraging folks to bet on their actual games. Sentiment has changed over the years, and now restrictions are looser, but competition is tighter.

After four years of annual top-line growth of 64% or better, revenue increases slowed to 30% in 2024 and 27% last year. Things could be worse. Early rival FanDuel – owned by Flutter Entertainment – is growing in the teens. Wood is making her own bet now, and it’s on DraftKings moving higher.

Expand

NYSE: JOBY

Joby Aviation

Today’s Change

(-0.52%) $-0.05

Current Price

$9.56

Key Data Points

Market Cap

$9.4B

Day’s Range

$9.34 - $9.75

52wk Range

$4.96 - $20.95

Volume

326K

Avg Vol

25M

Gross Margin

-3006.27%

  1. Joby Aviation

Like Robinhood, Joby Aviation is actually beating the market over the past year despite shedding almost 30% of its value in 2026. The most valuable company in the emerging electric vertical takeoff and landing (eVTOL) aircraft industry still commands a market cap of $9 billion, despite finally starting to generate revenue last year.

Joby Aviation stock may seem richly valued given its limited financial performance, but eVTOL is expected to take off – in more ways than one – in the coming years. Next-gen electric aircraft may have limited range and passenger capacity, but they’re a time-saver for affluent customers in metropolitan markets with dense traffic.

The same company that generated just $53 million in revenue last year is expected to top $1 billion by 2029. Losses will be the norm over the next couple of years, but Joby has a cash-rich balance sheet and sky-high long-term potential.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin