Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

The article says Cathie Wood’s Ark Invest bought more shares of Ibotta, Roblox, and Guardant Health while trying to improve the performance of its growth-stock portfolios. The piece is mainly a bullish bargain-hunting note on beaten-down or still-volatile growth names rather than a broad market event. Ibotta is highlighted as the most distressed: despite 43% Q1 revenue growth and more than 50 million accounts, the stock fell more than half from its first-day high after Q2 revenue growth slowed to 14% (29% adjusted) and guidance pointed to 12% growth. Roblox is presented more positively after Q2 revenue rose 31% and full-year revenue/bookings guidance was raised, with user engagement improving. Guardant Health also gained support from 29% revenue growth and an improved outlook. Overall, the article frames Ark’s buying as a contrarian bet on discounted growth stocks.