Here's the "Magnificent Seven" Stock Cathie Wood Is Piling Into Now

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Cathie Wood, the CEO and main concern serviceman of Ark Investment Management, has been directing her steadfast to load up connected shares of Meta Platforms (NASDAQ: META), the genitor institution of Facebook, Instagram, and WhatsApp. Wood's concern absorption steadfast purchased 34,080 shares of the exertion institution successful caller weeks, which, astatine today's stock terms of astir $584, are worthy astir $18.4 million.

Ark Invest funds are broadly focused connected disruptive technologies similar artificial quality (AI), robotics and automation, blockchain and fintech, abstraction and defense, and DNA sequencing.

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Ark Invest CEO Cathie Wood.

Ark Invest CEO Cathie Wood. Image source: Getty Images.

Meta is 1 of the alleged "Magnificent Seven" mega-tech stocks that led the broader marketplace higher successful caller years. These apical tech names, which include Amazon, Alphabet, and Microsoft, person mostly stagnated successful 2026 amid capitalist concerns that the monolithic borrowing and spending they're undertaking to rapidly physique retired AI information centers volition yet wage off.

The 4 large hyperscaler companies are projected to collectively walk $630 cardinal connected AI infrastructure this twelvemonth alone. Meta's stock of that full is astir $135 billion, up from $72 cardinal successful 2025.

Meta's stock terms is down 17% implicit the past 52 weeks and much than 9% successful 2026.

My educated conjecture is that Wood is buying the dip successful Meta shares due to the fact that she believes investors whitethorn presently beryllium overly pessimistic astir the company's future.

Meta volition denote its second-quarter fiscal results connected Wednesday, July 29. What Meta absorption says astir its AI-related borrowing and spending, arsenic good arsenic its net outlook, volition apt determination the stock.

Wood has ever been intensely bullish connected technologies she considers disruptive, including cryptocurrencies. More cautious investors should astir apt hold to spot what Meta reports successful precocious July earlier investing.

Should you bargain banal successful Meta Platforms close now?

Before you bargain banal successful Meta Platforms, see this:

The Motley Fool Stock Advisor expert squad conscionable identified what they judge are the 10 champion stocks for investors to bargain now… and Meta Platforms wasn't 1 of them. The 10 stocks that made the chopped could nutrient monster returns successful the coming years.

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