Motley Fool analyst Sanmeet Deo joins Jason to talk about potential applications for virtual reality (VR) in the healthcare industry and a mid-cap company that may have advantages over the tech giants in the space. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. Chris Hill: Lately we've been asking about pricing power.
After her ARK Innovation ETF (NYSEMKT: ARKK) soared 242% from April 2020 through January 2021, Cathie Wood's exchange traded fund (ETF) has crumbled. Year to date, the ETF has plunged almost 60%, and many of the star stock picker's favorite companies continue to tumble in the wake of rocketing inflation and rising interest rates. Generally speaking, Cathie Wood prefers high-growth companies with innovative business models.
As a result, shares of Wix.com (NASDAQ: WIX), Zoom Video Communications (NASDAQ: ZM), Pinterest (NYSE: PINS), and PayPal Holdings (NASDAQ: PYPL) have fallen to record low valuations. Wix offers a variety of software solutions so that individuals and businesses can create and monetize an online presence. Wix is growing more slowly at the moment but its customer retention rate is still stellar.