Cathie Wood Is Loading Up on This Innovative Growth Stock

By Parkev Tatevosian, CFA – May 23, 2024 at 5:27AM

NYSE: RBLX

Roblox

Market Cap

$22B

Today's Change

(-1.18%) -$0.42

Current Price

$35.10

Price as of June 14, 2024, 4:00 p.m. ET

Innovative growth stocks have the potential for explosive share price gains but are usually on the higher end of the risk profile.

Fool.com contributor Parkev Tatevosian highlights one explosive growth stock Cathie Wood has been buying aggressively.

*Stock prices used were the afternoon prices of May 20, 2024. The video was published on May 22, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Roblox. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.