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Cathie Wood Backs the Musk Factor as ARK Buys Tesla After SpaceX Pile-In
Barrons.com65d agobullish
Cathie Wood Backs the Musk Factor as ARK Buys Tesla After SpaceX Pile-In

Cathie Wood’s ARK Invest funds reiterated their faith in Elon Musk—buying back into Tesla after selling shares last week in a move that looked like it was making room for SpaceX’s mega IPO. A trading notice revealed on Thursday it added 54,815 shares across its ARK Innovation ETF—where the electric vehicle maker remains the top holding, making up 9.7% of the fund—and its ARK Next Generation Internet ETF, in which it is second in terms of holdings, making up 8.6% of the fund. Wood’s admiration for Elon Musk’s companies is no secret and when his SpaceX company went to market last week her ARK funds had a big selloff, including some of its Tesla position.

Here is Why Ciena (CIEN) is One of the Best US Stocks to Buy and Hold for the Next 5 Years
Insider Monkey65d agobullish
Here is Why Ciena (CIEN) is One of the Best US Stocks to Buy and Hold for the Next 5 Years

​Ciena Corporation (NYSE:CIEN) is one of the best US stocks to buy and hold for the next 5 years. On June 11, Ciena successfully closed a $2.875 billion private offering of 0.00% convertible senior notes due in 2031. This strategic move is designed to optimize the company’s capital structure, significantly reduce interest expenses, and provide […]

Is Coherent (COHR) One of the Best US Stocks to Buy and Hold for the Next 5 Years?
Insider Monkey65d agobullish
Is Coherent (COHR) One of the Best US Stocks to Buy and Hold for the Next 5 Years?

Coherent Corp. (NYSE:COHR) is one of the best US stocks to buy and hold for the next 5 years. On June 16, Coherent signed a letter of intent to receive $50 million in direct funding under the CHIPS and Science Act to expand its 6-inch Indium Phosphide/InP semiconductor facility in Sherman, Texas. This investment aims […]

Broadcom (AVGO): Best US Stocks to Buy and Hold for the Next 5 Years
Insider Monkey65d agobullish
Broadcom (AVGO): Best US Stocks to Buy and Hold for the Next 5 Years

Broadcom Inc. (NASDAQ:AVGO) is one of the best US stocks to buy and hold for the next 5 years. On June 9, Broadcom’s “Private Cloud Outlook 2026” revealed an AI tipping point, with enterprises shifting production AI inference from public to private cloud. Driven by concerns over cost, complexity, and control, 56% of companies now […]

3 Reasons to Avoid CBU and 1 Stock to Buy Instead
StockStory65d agobullish
3 Reasons to Avoid CBU and 1 Stock to Buy Instead

Community Bank has been treading water for the past six months, recording a small return of 3.4% while holding steady at $62.34. The stock also fell short of the S&P 500’s 8.9% gain during that period.

3 Reasons to Avoid GIC and 1 Stock to Buy Instead
StockStory65d agobullish
3 Reasons to Avoid GIC and 1 Stock to Buy Instead

Global Industrial has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 10.7% to $32.85 per share while the index has gained 8.9%.