Ark Invest bought into some well-known stocks on Wednesday following poorly received financials.

Cathie Wood is on a roll. The co-founder, CEO, and chief investment officer of Ark Invest is at her best when growth stocks are rallying, and that's the case right now. Her largest exchange-traded fund (ETF) is up 42% over the past three months and a whopping 79% over the past year.

Ark bought shares of Advanced Micro Devices ( AMD 5.54% ) , Toast ( TOST -0.72% ) , and Ibotta ( IBTA -7.83% ) on Wednesday, expanding her existing stakes.

1. Advanced Micro Devices

When Ark was adding to its AMD position on Monday, it was easy to connect the dots. The maker of GPUs and microprocessors was reporting its second-quarter results on Tuesday afternoon. Wood was betting on a

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