|Bid||46.63 x 1200|
|Ask||46.80 x 1100|
|Day's range||44.18 - 47.14|
|52-week range||29.09 - 210.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||08 Aug 2022 - 12 Aug 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||74.94|
Unity Software (NYSE: U), the creator of one of the world's top video game development engines, went public at $52 per share in September 2020. Unity's stock had already declined to the $60s by early May, but it plummeted nearly 30% in a single day following its first-quarter report on May 10.
Ark Investment Management CEO Cathie Wood is often regarded as Wall Street's most bullish technology investor. Three Motley Fool contributors have identified Unity Software (NYSE: U), Roku (NASDAQ: ROKU), and Nvidia (NASDAQ: NVDA) as some of the best Cathie Wood picks of the bunch to buy now and hold. Anthony Di Pizio (Unity Software): Video games are now among the most popular forms of entertainment globally -- the industry was worth over $180 billion in 2021.
The Federal Reserve's hawkish stance on raising interest rates is expected to hurt stocks even further. What's more, the investment bank's analysts point out that the average bull market lasts 64 months and fetches a return of 198%. Investors that agree with these analysts would be wise to start setting up their portfolios for long-term gains and buy fast-growing companies with bright prospects on the cheap while the stock market is still down.