$ARK Innovation ETF (ARKK.US)$ One of Cathie Wood’s ETFs Jus...
$ARK Innovation ETF(ARKK.US$ One of Cathie Wood’s ETFs Just Bought Into $Matterport(MTTR.US$..MTTR stock has been in freefall since December. Wood believes that the metaverse and digital twinning will infiltrate every sector of the economy in ways we’ve yet even comprehend.
In 2021, Matterport grew subscription gross margins to 77%, a 400 basis point increase over 2020. Therefore, it will be profitable if it doubles this revenue in 2-3 years while maintaining or increasing its gross margin. If you’re an aggressive investor, you’ve got to be buying at these prices, just as Cathie Wood did.
In 2021, Matterport grew subscription gross margins to 77%, a 400 basis point increase over 2020. Therefore, it will be profitable if it doubles this revenue in 2-3 years while maintaining or increasing its gross margin. If you’re an aggressive investor, you’ve got to be buying at these prices, just as Cathie Wood did.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
bwjx : Good luck. The Fed hawkish stance, inflation, supply chain issues will not work in the favour of high growth tech stocks for now.
RockyturkiOP bwjx: