Ticker Symbol: YOU

Cathie Wood Bets BIG on SQ & PYPL Stocks Disrupting Banks

January 31, 2022 • Alex • Season 1 • Episode 41

💰 Cathie Wood is betting big on Square and Paypal disrupting traditional banks. That’s why ARK Invest holds Square stock (SQ) in ARKK, ARKW, and ARKF. But why does ARK Invest only have a small position in Paypal (PYPL stock) and why only in one fund? Are these stocks much more different than investors think? Let’s compare both stocks to legacy banks and then each other to see if either are among the best stocks to buy now.

đź‘‹ Get in touch at www.tickersymbolyou.com or www.youtube.com/c/tickersymbolyou

🙏 Support the show: https://www.patreon.com/tickersymbolyou

🙏 Want to support Ticker Symbol: YOU but don't like Patreon? Invest in the channel that invests in you on YouTube!
https://www.youtube.com/channel/UC7kCeZ53sli_9XwuQeFxLqw/join

🎤 My free Discord: https://discord.gg/9UHrHex4JX

đź’¬ Find me on Twitter: https://twitter.com/TickerSymbolYOU

Sources & Further Reading:
ARK Invest White Paper: Cash App vs. Venmo - https://ark-invest.com/white-papers/cash-app-vs-venmo/

Will Bank Branches Give Way to Digital Wallets? (ARK Invest) https://ark-invest.com/articles/analyst-research/digital-wallets/

Cash App Could Be the Fastest Growing Digital Wallet in the US (ARK Invest) - https://ark-invest.com/articles/analyst-research/cash-app-monthly-active-users/

Digital Wallet Companies Can Bank the Unbanked, While Traditional Banks Cannot (ARK Invest) - https://ark-invest.com/articles/analyst-research/digital-wallet-companies/

Square (SQ Stock) Earnings Report - https://investors.block.xyz/events-and-presentations/default.aspx

Paypal (PYPL Stock) Earnings Report - https://investor.pypl.com/financials/quarterly-results/default.aspx

Square (SQ) Acquires Afterpay for $29B - https://squareup.com/us/en/press/square-announces-plans-to-acquire-afterpay

Paypal (PYPL) to Acquire Paidy for $2.7B - https://newsroom.paypal-corp.com/2021-09-07-PayPal-To-Acquire-Paidy

ARK Invest's Thematic Funds:
ARK Invest Innovation ETF (ARKK) - https://ark-funds.com/arkk
ARK Invest Genomic Revolution ETF (ARKG) - https://ark-funds.com/arkg
ARK Invest Autonomous Technology & Robotics ETF (ARKQ) - https://ark-funds.com/arkq
ARK Invest Next Generation Internet ETF (ARKW) - https://ark-funds.com/arkw
ARK Invest Fintech Innovation ETF (ARKF) - https://ark-funds.com/fintech-etf
ARK Invest Space Exploration ETF (ARKX) - https://ark-funds.com/arkx

I am not a financial advisor or affiliated with ARK Invest in any way.

Thanks for watching!

Support the show