This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXMPEA870ZV_M.jpg
The industry tailwinds and promising outlook make both stocks ideal investment bets for Cathie Wood. She holds approximately 19,800 shares of AMZN, which translates to a 0.15% weighting across ARKX and ARKF. The stock has a #117 weighted rank across both the funds. She owns some 630,989 shares of BABA, which equates to a 0.32% weighting across ARKX, ARKF and ARKQ. BABA is ranked #75 across all Ark funds.
AMZN has gained 41.1% over the past year, while BABA returned 16.3% over this period. In addition, AMZN shares have gained marginally year-to-date, while BABA’s shares declined by 2.6%. In terms of their past month’s performance, AMZN is the clear winner with 1.4% returns versus BABA’s 0.7% gains. But which of these two stocks is a better buy now? Let’s find out.
