[Tom E-Tron]

WOW, now this is something I thought I would never see, Cathie has been for years one of the biggest GM haters, poo poo'ing everything GM does, now she is warming up on a GM investment...

Cathie Wood Is Warming Up to General Motors (GM) Stock. Here's Why.

GM stock is in full focus following an interview with Cathie Wood, who disclosed that she had recently met with CEO Mary Barra.

investorplace.com

 

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Ark has been a pretty poor performer lately.

 

[Tom E-Tron]

Ark has been a pretty poor performer lately.

You think? Arkk has been the worst Performing ETF for a while, peaking last February, and getting crushed ever since, but Crazy Cathie has been changing strategies lately, cycling out of Tesla and into other automakers she sees promise in like XPEV, and NIO. I think she has this move right, For Tesla to double up from here requires a huge hit somewhere in their company besides the manufacture of cars, FSD looks like it is still a decade away, and the BOT, well... LOL. For XPEV to double up they just need to stay on the path they are on, rolling out new products and increasing scale. I think GM is one of those too, it can double without a change in path, just keep executing, although GM gets less benefit of the doubt the startups do since its a legacy business.