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Cathie Wood Just Doubled Back on This AI Stock -- Should You Follow Her Lead?

Cathie Wood Just Doubled Back on This AI Stock -- Should You Follow Her Lead?

Both 2021 and 2022 were rough for Palantir Technologies' (NYSE: PLTR) stock, but 2023 has been the complete opposite, with the stock up more than 87% year to date as of May 24. It seems as if popular investor Cathie Wood and her firm ARK Investment Management have also taken notice. Data source: ARK Invest.