Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

Volatility can be Cathie Wood's friend. The co-founder, CEO, and ace stock picker for Ark Invest often saves her most active trading for the days when the market is at its wildest. With many growth stocks reeling on Thursday, Wood added to several of her existing positions.

Wood bought shares in Archer Aviation (NYSE: ACHR), DoorDash (NASDAQ: DASH), and Tempus AI (NASDAQ: TEM) on Thursday, as the shares plummeted between 7% and 17% by the closing bell. Let's take a closer look at three of the 11 stocks that she was buying on a day when the market wasn't exactly at its best.

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1. Archer Aviation

Wood doesn't have a problem buying into emerging technologies, even when the early leaders aren't generating much in terms of revenue, and much less in terms of profitability.

Archer Aviation is a leader in short-distance air travel. Its electric vertical takeoff and landing (eVTOL) aircraft can whisk affluent passengers from major airports to densely populated city centers. There are also partnerships to utilize its aircraft for military purposes. Its flagship Midnight aircraft can take up to four passengers as well as a pilot on flights of 100 miles or less.

Archer Aviation investors know that it's not just the business model that has its ups and downs. The stock has also had its share of sharp ascents. Archer Aviation more than tripled in 2023, following a nearly 60% push skyward in 2024. This year has seen the stock lose altitude, sliding 9% in 2025.

Archer is a pre-revenue company, but it has deals in place both in the U.S. and abroad to make sure that it doesn't stay way. Analysts see just $80 million in revenue next year, but that should explode to top $1 billion by 2028. It's going to lose a lot of money along the way, but it has built up a war chest of $2 billion in liquidity.

This may not be a household name outside of the investing community, but that's going to change. It will be the official air taxi provider of the 2028 Olympic Games in Los Angeles. To that end, it announced a deal after Thursday's market close to acquire LA's Hawthorne Airport -- less than three miles from Los Angeles International Airport -- in a $126 million cash deal.

The addressable market may seem limited now, but nascent technologies have a way of seeming smaller than the ultimate mass market opportunity. Archer knows how to take off. Wood buying now makes it seem as if she believes that the next-gen air travel specialist will be able to stick the landing.

2. DoorDash

3. Tempus AI

There are just 45 stocks with market caps north of $12 billion that more than doubled this year. One of them is Tempus AI. The provider of practical applications for the healthcare industry is a winner since going public in June of last year, but the shares have fallen 20% through the first four trading days of this week.

Tempus AI posted what seemed like strong quarterly results on Tuesday. Revenue soared 85% in the third quarter, but that was padded by its acquisition of Ambry. Organic growth of its oncology and hereditary testing volume rose 33% for the quarter. Its smaller data and services revenue climbed 26%. It wasn't enough to impress investors this week, but the opportunity to pick up Tempus AI at a discount after a year of rising was apparently too tempting for Wood to resist.

Rick Munarriz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends DoorDash. The Motley Fool has a disclosure policy.