Cathie Wood Says Palantir, Tesla, Coinbase And This Amazon Rival Are 'Tip Of The Spear' As Innovation Disrupts Old World In Equity Benchmarks

Fund manager Cathie Wood emphasized innovative stocks like Tesla, Palantir, Coinbase, and Shopify as key players in disrupting traditional equity benchmarks. Following Coinbase's inclusion in the S&P 500, Wood believes traditional index funds are misaligned with innovation. She predicts that benchmarks will increasingly pursue innovation. Wood also maintains a bullish outlook on Bitcoin, projecting a price range of $700,000 to $750,000 by 2030, with a bullish case of $1.5 million. Coinbase ranks favorably in growth according to Benzinga’s Edge Stock Rankings.