Cathie Wood's Ark Invest Buys Three Beaten-Down Growth Stocks

Ark Invest co-founder Cathie Wood expanded her portfolio by purchasing additional shares in Archer Aviation, CoreWeave, and Rocket Lab. These targeted equities have experienced significant market pullbacks in 2026, with some positions trading as much as 42% lower for the year. Wood's recent purchases highlight a strategy of acquiring growth-oriented assets during market weaknesses.

Archer Aviation, known for developing electric vertical takeoff and landing aircraft, has seen its stock drop 42% through Thursday's close. Despite the turbulence and a timeline that places profitability years away, the company maintains a strong balance sheet with over $1.3 billion in cash reserves as it prepares for potential passenger flights next year.

CoreWeave recently posted a blowout financial report featuring a 168% acceleration in revenue growth and raised forward guidance. Even with a 25% surge on heavy volume following its earnings release, the hyperscaler remains down more than 20% for the year amid ongoing market nervousness regarding artificial intelligence demand sustainability.

Rocket Lab rounds out the purchases, trading roughly 58% below its all-time high set six months ago despite a 73% jump in quarterly revenue to $268 million and a growing order backlog of $3.6 billion. The space systems and launch services provider also reported positive operating cash flow in its third quarter.

What to watch next: Monitor Archer's Federal Aviation Administration milestones and commercial progress, CoreWeave's capacity expansion updates, and Rocket Lab's path toward sustained profitability.