Tesla is the one stock ARK Invest's Cathie Wood says she would hold for 10 years

Thu, 02/02/2023 - 14:13

If Cathie Wood had to hold one stock for the next decade, it would be Tesla, she said in an interview.
Wood has been snapping up Tesla stock since shares of the EV maker closed out a dismal year in 2022.
She estimates the stock will soar to $1,500 a share over the next five years, marking a 675% increase.

If Cathie Wood had to buy one stock today and hold it for the next 10 years, it would be Tesla, the Ark Invest CEO said.