Ark Funds held its annual Big Ideas event recently and shared 15 themes to watch for 2021 and the future.
Ark ETFs include the Ark Innovation ETF ARKK, Ark Next Generation Internet ETF ARKW, Ark Genomic Revolution ETF ARKG, Ark Fintech Innotvation ETF ARKF and Ark Autonomous Technology & Robotics ETF ARKQ.
The themes presented by Cathie Wood and her team could provide hints at which companies in the future could be included in the ETFs.
Here is a look at some potential candidates based on the Ark Funds 2021 Big Ideas.
1. Desktop Metal: 3D printing company Desktop Metal DM fits the profile of the 3D printing theme revolutionizing manufacturing. Desktop Metal is included in the 3D Printing ETF PRNT and based on the comments from Ark could soon be added to additional ETFs from the company.
Chamath Palihapitiya is an investor in the company. The so-called SPAC King calls Desktop Metal a leader in the new era of printing and said it can work with automotive and aerospace companies to create parts with less weight. This production scale is considered the holy grail. Ford Motor Company F is another investor in the company.
2. AST & Science: Going public via a SPAC deal with New Providence Acquisition Corp NPA, AST & Science is bringing its ambitious plans for 5G from space to the public markets.
The company seems like a perfect fit for Ark’s Big Idea of orbital aerospace. Under this idea, Ark calls for satellite broadband to see strong revenue growth in the future. AST is targeting the $1 trillion global mobile wireless service market.
AST said that 51% of the global population does not have mobile broadband. The company’s plans call for launching over 180 satellites to bring 5G access to customers with a goal of hitting 373 million subscribers by 2027.
Related Link: Cathie Wood Increases Teladoc Holdings Across Ark ETFs
3. Virgin Galactic: News that Ark Funds was launching a Space ETF sent names of space related companies like Virgin Galactic Holdings SPCE higher. Virgin Galactic seems could be the perfect fit for the Ark Big Idea of orbital aerospace, which includes hypersonic flight.
4. SoFi: Wood has added several SPACs to the Ark ETFs and the next one added could be Social Capital Hedosophia Holdings VCorp IPOE. The Palihapitiya-backed SPAC is taking SoFi public. The Big Ideas presentation calls for digital wallets to be a $4.6 trillion opportunity. SoFi is singled out as an example in the North American region.
5. Brooks Automation: One Big Idea theme is automation, a sector that Brooks Automation BRKS fits into. Brooks Automation powers the semiconductor and life sciences sectors with robots and automations. With the focus on automation and robotics across several Ark funds, this could be a stock worth watching for investors.
6. EHang Holdings: Autonomous aerial vehicle company EHang Holdings EH is up over 450% in the last year. The company has become one of the ways for investors to get exposure to the growing passenger transport and logistics for urban air mobility. With the focus on drone delivery as a 2021 Big Idea, Ehang could be on the radar of Ark Funds.
7. Natera: Natera Inc NTRA is the global leader in cell-free DNA testing focusing on women’s health and oncology. The company could find itself fitting into the Ark Funds Big Idea of long road sequencing.
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