most popular shares on the site as top Robinhood stocks.
Upon close inspection, you may note that the most popular 100 Robinhood stocks are an eclectic group. However, it may also be possible to combine them in different headings, such as tech stocks, stocks under $10, exchange-traded funds (ETFs), electric vehicle (EV) stocks, or travel and leisure stocks.
Robinhood users are generally considered to be more tech-savvy than the typical equity investor. The platform has been heralded as making stock trading more accessible to regular and younger people. It has also affected how other trading platforms operate to an extent.
InvestorPlace – Stock Market News, Stock Advice & Trading Tips” data-reactid=”19″>InvestorPlace – Stock Market News, Stock Advice & Trading Tips
But there are also dangers when over-relying on a platform such as Robinhood, says Laura Gonzalez, associate professor of finance at California State University, Long Beach.
“Fintech is changing the face of finance, from cradle to grave. This includes wealth management, payments, lending and borrowing, insurance, real estate, and the nature of currency. The disintermediation trend is here to stay and offers new opportunities provided there is enough financial literacy. However, even if more equipped in terms of behavioral impulses, retail investors still face disadvantages in high frequency trading markets. One way to overcome this is to invest longer-term following some analysis of fundamentals.”
Therefore, if you’re one of the market participants interested in following several of these Robinhood stocks, you should do due diligence and invest within your own risk/return profile.
With all that in mind, here are four Robinhood stocks to consider:
- Beyond Meat (NASDAQ:BYND)
- Berkshire Hathaway (NYSE:BRK.A,NYSE:BRK.B)
- ETFMG Alternative Harvest ETF (NYSEARCA:MJ)
- SPDR S&P 500 ETF (NYSEARCA:SPY)
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second-quarter earnings. Its revenue topped the average estimate. However, the revenue of the company’s food-service business declined close to 60 % YoY due to restaurant and fast-food-chain closures during the pandemic lockdown.
MCD), Starbucks (NASDAQ:SBUX) and Yum! Brands’ (NYSE:YUM), names that followers of Robinhood stocks would be familiar with.” data-reactid=”56″>Yet, most shareholders are quite hopeful that “weak” parts of the Q2 earnings are all temporary. As our lives increasing normalize in the rest of the year, the company is likely to report stronger metrics. Meanwhile, Beyond Meat has been increasing its partnership with various other well-known brands, including McDonald’s (NYSE:MCD), Starbucks (NASDAQ:SBUX) and Yum! Brands’ (NYSE:YUM), names that followers of Robinhood stocks would be familiar with.
research led by Christopher Gardner of Stanford University discusses the protein-consuming habits of Americans, including various drawbacks and ways to eat better. Both nationwide and globally, the debate on the effect of animal meat on environmental, health, and ethical concerns is indeed increasing.
Early June saw Beyond Meat shares reach new highs for 2020. Year-to-date, BYND stock is up an eye-popping 75%. I expect the company to continue to be traded as one of the most-traded Robinhood stocks in the rest of the year, too.