CNBC’s Jim Cramer on Tuesday broke down the top holdings in star money manager Cathie Wood’s Ark Innovation ETF, saying he likes the setup in most of the closely followed fund’s largest positions.

“Right now, I’d rather own than sell almost the entire … Cathie Wood portfolio,” the “Mad Money” host said. “These growth stocks have come down enough that they’re tempting enough to buy right here — then you can buy a little more at lower levels if they keep going lower.”

Overall, Cramer weighed in on 12 of the 21 largest holdings in the Ark Innovation ETF as of Tuesday morning; this story will cover his views on the exchange-traded fund’s five largest positions. The actively managed ETF rose to prominence on Wall Street after massive gains in 2020. It didn’t perform well last year, though, and has continued to struggle in 2022.

“After being relentlessly pulverized, her stocks now represent some excellent opportunities,” Cramer said.



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Source: CNBC


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