Cathie Wood on Saturday said growth stocks and innovation-based strategies will recover the lost gains as the “brutal interest rate increase” by the U.S. Federal Reserve comes near to an end.

“ARKInvest has a five-year investment time horizon. Now that the most brutal interest rate increase in history is near an end, growth stocks in general and innovation-based strategies in particular should make up for lost time.”

Ark Invest is heavily buying Coinbase (COIN) and Tesla (TSLA) shares from low as part of its active equity management strategy. On February 14, Ark Invest purchased a total of 14,636 Coinbase (COIN) stocks as the stock price dipped below $58. Cathie Wood predicts Tesla stock to hit $1500 in the next five years, marking a 675% increase.

Ark Invest makes most of its investment in technology stocks. Ark Invest believes that Artificial Intelligence (AI) is creating the assembly line for knowledge workers.