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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

Cathie Wood added to her stakes in CoreWeave (CRWV), Scribe Therapeutics (SCTX) and Freenome (FRNM) on Monday, with all three trading 28% to 57% below their previous highs. CoreWeave's revenue rose 113% in its latest quarter, but analysts don't expect an adjusted profit until 2028, and rising interest rates weigh on the heavily leveraged company; its stock hit a new 52-week low on Tuesday. Scribe went public at $15 in July and peaked at $39.60 a month later before shedding more than half its value, but says its cash funds operations through the first half of 2029. Freenome rose 7% on Monday but remains down nearly 30% from last month's high, after receiving FDA clearance for a lung cancer screening test. The article describes these as three potentially opportunistic purchases.

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