Cathie Wood’s Top Picks: SoFi and Roku as Decade-Long Holds

Ark Invest's Cathie Wood remains a divisive figure in investment circles, yet her focus on innovation-driven stocks continues to draw attention. While her ETFs have faced long-term performance criticism, select holdings like SoFi Technologies and Roku show promise for sustained growth.

SoFi Technologies exemplifies this potential, with shares surging 85% year-to-date following a 44% revenue jump to $858 million in Q2. The fintech's pivot from student loans to diversified financial services is paying off—recurring fees now comprise 44% of revenue, while net income skyrocketed 459% to $97.3 million.

Roku's 1.4% gain reflects steady streaming dominance despite market volatility. Both stocks embody Wood's thesis that disruptive companies outperform over extended horizons. "The market eventually rewards true innovation," she noted in a recent Bloomberg interview, doubling down on her conviction despite short-term skepticism.