Ark Invest added its stake in Figma, Amazon and Toast on Thursday.
Figma has fallen by more than 60%since last month, but it did not have a broken IPO.
Amazon and Toast are experiencing explosive growth.
10 shares we like more than Figma ›
Cathie Wood has slowed down the pace of his operations in recent weeks, but the founder of Ark Invest was busy on Thursday. She buys several purchases of ARK Family Aggressive Growth Stock Exchange (ETF).
There are some more noticeable Wood purchases on Thursday Figma(NYS: Fig.)Is it Amazon(Nasdaq: amzn)and Toast(NYS: Tost); It complemented the current position in all three shares. Let’s take a closer look.
Since the beginning of last month, Figma has been one of the toughest stake in the market, but the Summertime Debutante has somehow not broken IPO. The supplier of digital platforms based on cloud -based digital platforms has entered the market for $ 33 per share. Figma Stock traded nearly $ 143 on the second day of trade, and only today has decreased by $ 50. The shares fell 61% from their peak to Thursday closing, but you increased by 70% if you are lucky to get to the real IPO. Many investors did not do so because the offer was too big 40 times.
This is not the first time that the market has received a volatile reaction to figma on the market. When Adobe(Nasdaq: adbe) Announced a $ 20 billion transaction to purchase an online design specialist in 2022, and Adobe shares will hand over the top $ 35 billion market in the first three days after the news. The transaction has never been closed, but not because of the cooling of the market. Both companies will agree to terminate the transaction after 15 months, as it is unlikely to explain the approval of regulation when checking abroad. Adobe will continue to release its website based on vectors and mobile app design tool Adobe XD. Figma would be on the market this summer, and insurers cost an offer when the value only avoids the original $ 20 billion price label.
Image Source: Getty Images.
Figma has a lot of what attracts growth investors. It is an artificial intelligence (AI) playing because the tools depend on AI to create user experience and user interface design. This is also a highway. Last year, income increased sincerely by 48%, and in the first two quarters of this year it increased by more than 40%. It is profitable, at least in a corrected. The market just changed most, but not everyone – its original euphoric pop.
Wood entered on July 31st. IPO Ark investors. Thursday was the fourth time she has included in this position. The shares are not cheap, selling 30 times higher than sales and 117 times higher income. Analysts also see that the income of the next couple of years is slowly slowing down. They currently model 23 percent next year. Increased by 23 % by reducing the increase in the income of high teenagers each two years. The tree obviously sees the latest retreat as the possibility of purchase, but it did not lack the bottom three earlier times, which it added to its shares.
Wood does not try to glue the bottom Thursday at Amazon. The world’s main retailer is currently not more than 5% of the highest level of all time, which he has earned in February.
Amazon does not grow its business as fast as Figma. Cash sales increased by 13% of its last quarter. It may not look much, but it actually surpasses the growth of 9-12%, which she has declared over the past three years. At the next income report, increases. Net income increased better than expected 33%. With a higher margin, Amazon Web Services (AWS) Cloud Business, exceeds its e -commerce segment with 18% of the quarter in revenue.
Repeat of the “Great Seven” Workhorse Amazon is smaller than Figma. They are located at different growth cycles. If you are applying to Amazon as a technology service provider, not just an online retail, repeated, despite the fact that the market is almost traded on the market.
Finally, we can do the toast into the toast. The supplier of sales platforms for restaurant operators is known to those who often eat. It is not just an order for orders and ultimately a transaction connection device. Toast helps restaurants manage third party delivery programs, customer loyalty programs, wage accounting and many solutions at home.
If you signed up for this last season in restaurant stocks, you saw that it was not beautiful. Many iconic networks have announced negative compact and the industry is vulnerable to any possible economic softening. But the toasts increase this. He now serves 148,000 different places, ie 24% more than in the last year. The overall payment volume of 23% in its last quarter indicates that the average restaurant is just trying to sell as much as a year ago, but the fact that Tast is stretching its wings will now make much better when the industry itself begins to grow again. Meanwhile, toast translates its model scale as net income increases five times in the latest financial update.
Before buying Figma shares, consider this:
Motley Fool Stock Advisor A team of analysts just found what they think is 10 best stocks To buy investors now … and figma was not one of them. 10 stocks that reduced the incision can return the monster in the coming years.
Consider when Netflix This list consisted of 2004. December 17th … If you have invested $ 1,000 during our recommendation, at our recommendation, You would have $ 649 037!* Or when Nvidia Made this list in 2005. April 15 … If you have invested $ 1,000 during our recommendation, at our recommendation, You should have $ 1,086 028!*
Now it is worth mentioning Share advisor The average return is 1 056% is the reduction of the selection compared to the 188% S&P 500. Don’t miss the latest top 10 list that can be purchased when you log in to login Share advisor;
See. 10 stocks »
*The stock advisor returns from 2025. September 8th
Rick Munarriz occupies a toast position. Motley fool is a position and recommends Adobe, Amazon and Toast. The Motley fool has a disclosure policy.
Cathie Wood negotiates hunting: 3 just bought stocks originally spent on The Motley Fool
