NEW YORK—Star stock picker Cathie Wood of Ark Invest suggested the rally in energy stocks will soon end and reiterated her bullish view on electric vehicle maker Tesla Inc. in a webinar on Thursday.
Wood, whose $6.8 billion ARK Innovation Fund is up 15 percent for the year to date, was badly bruised last year by the Federal Reserve’s aggressive pace of interest rate hikes that weighed heavily on the sort of technology stocks she focuses on.
