ARK’s Cathie Wood Says Wall Street Not in a Bubble

ARK’s Cathie Wood Says Wall Street Not in a Bubble
Cathie Wood, founder and CEO of ARK Investment Management LLC, speaks during the Skybridge Capital SALT New York 2021 conference in New York City on Sept. 13, 2021. Brendan McDermid/Reuters
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Star stock picker Cathie Wood, head of ARK Invest, on Wednesday said she believed the U.S. stock market is not overvalued, and she talked up Tesla, her largest holding.

“We are not in a bubble, that I know,” Wood said, speaking virtually at a Morningstar investment conference.