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Rick Munarriz, The Motley Fool
Fri, June 5, 2026 astatine 10:26 AM CDT 5 min read
After returning to signifier past twelvemonth -- trouncing the marketplace successful 2025 aft struggling successful caller years -- Ark Invest co-founder, CEO, and Chief Investment Officer Cathie Wood is trying to portion unneurotic back-to-back years of success. Her assertive maturation exchange-traded funds (ETFs) person had a mixed showing truthful far. Two of her 5 ETFs person much than doubled the market's return, but the different 3 are severely trailing Wall Street's winning ways.
She was peculiarly engaged connected Thursday, adding to immoderate of her existing positions. Ark Invest bought shares of Broadcom (NASDAQ: AVGO), DoorDash (NASDAQ: DASH), and Coinbase Global (NASDAQ: COIN). Broadcom tumbled connected Thursday. DoorDash and Coinbase ticked higher, but are trading 44% and 64% beneath their highs, respectively. Let's instrumentality a person look.
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1. Broadcom
Broadcom banal deed an all-time precocious connected Wednesday. It was a antithetic communicative connected Thursday, arsenic the supplier of semiconductor and tech infrastructure solutions saw its shares plummet 13% aft posting poorly received fiscal results. The driblet is historically significant.
The stock's single-day driblet of $285.6 cardinal successful marketplace headdress is the fourth-largest descent among the market's megacaps implicit the past six years. Broadcom's latest 4th was decent.
Revenue roseate 49% to $22.2 cardinal for the fiscal 2nd quarter, arsenic the artificial quality (AI) semiconductor concern that made up astir fractional of its top-line results soared 143%. The bottommost enactment fared adjacent better, arsenic reported nett income roseate 88%, climbing 55% connected an adjusted basis. It was a humble bushed connected some ends of the income statement. Guidance was the dagger.
Broadcom's outlook for the caller fiscal 3rd 4th whitethorn look beardown astatine archetypal glance. Broadcom is targeting $29.4 cardinal successful gross for the existent quarter. It's a important measurement up sequentially and a heartier 84% year-over-year jump. It's besides really conscionable up of wherever the marketplace pros were perched, but the stock's monster tally heading into the study seemingly required an adjacent rosier outlook.
Even aft the stock's descent connected Thursday, Broadcom banal is inactive trading 60% higher implicit the past year. It's an eight-bagger implicit the past 5 years. Several analysts would spell connected to boost their terms targets connected what is technically a beat-and-raise performance. One Wall Street pro adjacent upgraded the shares connected Friday. It was a beardown report. Valuation expectations are conscionable being reset connected the AI pick-and-shovel play aft the performance.
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