Cathie Wood's Potential 2024 Stock Winners $GH $BEAM $DNA $NTLA
In 2023, Cathie Wood showcased remarkable prowess with her Ark Innovation ETF (NYSEMKT: ARKK) witnessing a 67% surge, while the Ark Next Generation Internet ETF (NYSEMKT: ARKW) outpaced with a stellar 97% rise.
Now, as projections unfold for 2024, analysts anticipate significant growth potential for some stocks within Wood's portfolio, as depicted in the table below:
Stock Name
Ticker Symbol
2023 Performance
Average 12-Month Price Target
Expected Upside
Guardant Health
GH
Slightly Down
83%
High
Beam Therapeutics
BEAM
-30%
85%
Moderate
Ginkgo Bioworks
DNA
No Change
120%
High
Intellia Therapeutics
NTLA
-13%
168%
Very High
Guardant Health: Despite its 2023 performance, analysts foresee an 83% rise, with unanimous buy or strong buy ratings.
Beam Therapeutics: A 30% dip in 2023 hasn't deterred optimism, with an 85% potential upside despite some analyst downgrades.
Ginkgo Bioworks: Stable performance in 2023, but projections suggest a 120% increase, though opinions on the stock are divided.
Intellia Therapeutics: Despite a 13% drop last year, an impressive 168% potential upside is predicted, highlighting its significant potential.
Conclusion: While Wall Street's projections are ambitious, it's essential to approach these forecasts with caution. The lackluster 2023 performances of these stocks amidst a soaring market is a reminder that unforeseen macroeconomic factors can influence outcomes. However, Cathie Wood's long-term vision for these companies, considering their revolutionary technologies in early cancer detection, DNA modification, cell engineering, and gene editing, could be the real value proposition. Time will tell if Wall Street's 2024 predictions align with Wood's long-term strategy.
AI is the Neat Handwriting of the Illiterate
A model in the hands of someone who has read the filing and walked the plant is a clerk. The same model, speaking for someone who has done neither, is a disguise. On AI slop, phantom citations and factslop, why finish stopped being evidence of work, and the containment layer KXCO built so a machine cannot speak as the institution until a source is attached.
Worthship: Do Not Conform to the Age
Worthship is the older English word for worship, and it means to ascribe worth. Bishop Robert Barron preached Romans 12 on 30 August. This essay follows the text into the prison letters, and puts two questions to a graph: do the four readings of that Sunday agree, and was Paul free or in chains when he wrote about despair?
The Truth in All Its Ugliness Must Survive
A majority vote does not determine the truth. Consensus is a mood, gossip is a sport, and a model will write the pretty version for free. Why the ugly number has to survive, why a record beats a dashboard, and what KXCO was built to keep standing when the room changes its mind.
Don't Be the Best, Be the Only: Winning in an AI World
AI is repricing competence downward. What it cannot reproduce is a life. The case for remaining non-fungible, why friction still produces the best ideas, and what it means to build AI systems that keep the human intellect in them.
Every story, signed and delivered.
Subscribe to the kxco channel and get the headline, the AI-written key takeaways, and the chain-anchor link the moment we publish. Audio versions and per-ticker subscriptions arrive in the next iteration.