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Cathie Wood buys NVIDIA, MercadoLibre, and AMD following share price declines

The Motley Fool +1 · ·by G4L

  1. 1Cathie Wood purchased shares of NVIDIA, MercadoLibre, and AMD last Thursday within a decline range of 9% to 17%.
  2. 2NVIDIA has recorded a 23% decline in share price since its all-time high last month.
  3. 3MercadoLibre recorded a 65% increase in its allowance for doubtful accounts.

So what's the key point?

Cathie Wood bought shares of NVIDIA, MercadoLibre, and AMD as their prices fell. This means she purchased these companies while MercadoLibre's allowance for doubtful accounts increased by 65%.

Source The Motley Fool +1 · View original ↗

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