Cathie Wood’s ARK Roars Back. Three Stocks Within to Watch.

ARK CEO Cathie Wood has made some winning bets this year.

The turnaround in ARK Innovation ETF isn’t on the horizon, it’s already happening.

After enduring a brutal 80% drawdown from its February 2021 peak to the December 2022 low, Cathie Wood’s flagship fund was written off as “dead money” for the better part of three years. But something has changed. In 2025, ARK has jolted back to life, up 34% year to date, with price action that feels different.

This isn’t just a bounce, it’s a legitimate breakout. The ETF recently cleared the $50 level, a stubborn resistance zone that held strong from 2022 through late 2024. Unlike last November’s failed attempt, May’s breakout through $50 has legs, and momentum might just be back in the driver’s seat.

One of ARK’s top holdings, Coinbase, has delivered a standout performance in 2025, surging 63% year to date. Since breaking out of a mid-February to mid-April downtrend, the stock has been on a tear. This month’s breakout above a well-defined bull flag adds fuel to the rally, with a measured move targeting the $450 level, a mark that could come into view sooner rather than later. And while some may instinctively flinch at a stock hitting all-time highs, let’s be clear: All-time highs aren’t bearish. In fact, they often signal strength, not exhaustion.

Robinhood, which now makes up roughly 5% of ARK, has witnessed a robust run, up nearly 200% in 2025 so far. The stock’s technical picture turned sharply bullish following a breakout above a textbook inverse head and shoulders pattern on May 8. In classic fashion, two shoulders flanked the head, with the neckline forming at the $50 level. That breakout marked a definitive shift in trend, from bearish to bullish, and price has reflected that. Just this week, Robinhood cleared another key setup, breaking above a bull flag at the $100 mark. The measured move could be a sprint toward $125.

Roku, a leader in streaming hardware, has surged 56% off its Liberation Day lows, marking one of the more impressive three-month runs in the space. The stock is now flirting with the $90 level and historically names that clear this threshold tend to make a run at the $100 mark, and often beyond. The $100 area also happens to be a well-watched zone of prior resistance, having turned back advances in the second half of 2023 and again in the first quarter of both 2024 and 2025. A decisive move through that level could open the door to a fresh leg higher and turn prior resistance into a new base of support.