16 Best Stocks to Buy and Hold for the Next 15 Years According to Cathie Wood’s Portfolio

Fahad Saleem
13 min read

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In this article, we will take a look at the 16 best stocks to buy and hold for the next 15 years according to Cathie Wood's portfolio. To see more such companies, go directly to 5 Best Stocks to Buy and Hold for the Next 15 Years According to Cathie Wood's Portfolio.

Cathie Wood’s hedge fund has taken a lot of hammering over the past couple of years as her bets on innovative, disruptive companies don’t seem to play out as planned. Talking to Bloomberg, Cathie Wood recently called rising interest rates the biggest reason behind her fund’s underperformance. She said that all was going well until the Fed started to increase interest rates to record highs. In that environment all assets fell and there was “no way” ARK’s strategy could have worked, said Wood. Cathie Wood said that her hedge fund started to feel the heat near the end of 2021 when the markets began to anticipate an increase in interest rates. Wood however noted that investors have started to look over the rising interest rates and into rate cuts.

Cathie Wood Ready for "Prime Time"

Cathie Wood said that innovation, one of the core values of her investment philosophy, does well during tough times. That’s why, according to her, ARK funds have been outperforming this year. She said that “one by one” ARK’s investments would earn their way back and it’s all about margin expansion and revenue growth.

Wood again voiced her strong optimism around tech and innovation and said that she’s ready for the “prime time” as she thinks the Fed might start to cut interest rates sometime next year. She said that we are looking at beyond the rate-hike period and when interest rates would begin to fall, tech and innovation bets would rebound.

In January this year Cathie Wood penned some words of optimism and said that there was a “wall of worry” stopping investors from betting on the future amid the panic and market declines. She said that the market overlooked many futuristic themes in 2022, including social commerce, AI, blockchain, robotics, 3D printing, etc. Cathie Wood said:

“…Plagued by fears of entrenched inflation and higher interest rates, the wall of worry in the equity markets has scaled to enormous heights, historically a positive backdrop for equities. According to the latest BofA Fund Manager Survey, investors currently are holding high levels of cash, levels not seen since the 9/11 crisis in 2001, and are overweight in bonds for the first time since April 2009. In December, the Chicago Board Options Exchange (CBOE) equity put/call ratio[3] reached a record high, surpassing levels seen during the tech and telecom bubble and the Global Financial Crisis. In hindsight, both of those times were terrific opportunities to put funds to work in highly differentiated strategies. I believe that the current market dislocation presents an opportunity for innovation strategies to thrive when equity markets recover. Fear of the future is palpable, but crisis can create opportunities.”

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