ARK ETFs - On the rebound?

... and the most popular growth names of Q1, 2023

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Today's Letter

  • ARKK ETFs - On The Rebound?

  • Growth Stocks - Most mentioned names by retail traders in 2023 (so far).

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ARK ETFs - On The Rebound?

As you may have noticed over the last several editions of the Swaggy Letter our charts and info-graphs have received a MASSIVE upgrade. This is thanks to our new partnership with ChartWiz, a finance-data visualization platform that will be launching by the end of Q2 or early Q3 of 2023. Check them out or click on any of the images to get notified when they launch!

ChartWiz | Visualized InsightsFinancial data in bite-sized portions

ARK ETFs have seen a huge rebound in 2023 relative to their 2022 performance. Most growth names are up 20-30% YTD, has the train left the station or will we continue to see this positive performance from high P/E and high P/S companies?

Growth Stocks - Most Mentioned Names of 2023 (so far)

Growth stocks took a beating in 2022, with literally most companies being down 60-90%. Growth holders (most of retail traders) ended up having their portfolios wrecked which created a shift in the way retail traders trade. What happened? They started to shift to more value names and "safe haven" stocks like big tech (MSFT, AAPL, etc).

However, year-to-date it is starting to feel like growth names are beginning to make a comeback. Here are the 24 most mentioned growth companies by retail traders since Jan 1st, 2023. The list is:

  • Primary value is Price/Sales ratio and is sorted in DESCENDING order to see which companies may still be relatively "expensive".

  • Added the current share price, price target consensus, and current analyst "Buy Ratings" beside each name.

  • Added YTD performance (green/red) under the primary value.

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