Cathie Wood Sells Nvidia, Calls It ‘Check-the-Box’ Stock

Cathie Wood: Expectations Could Be Getting Ahead of Themselves as Nvidia Morphs into a “Check-the-Box Stock”

Ark Invest’s Cathie Wood has recently revealed that she has been offloading Nvidia stock, citing concerns over its accelerated valuation. Wood believes that Nvidia, renowned for its cutting-edge graphics processing units, has transitioned into what she describes as a “check-the-box stock.” In a candid podcast interview with The Wall Street Journal’s Dion Rabouin, Wood expressed astonishment at Nvidia’s ability to consistently surpass expectations and its consequent, soaring stock price. She cautioned that investor expectations might be reaching a fever pitch.