2 Top Robinhood Stocks That Could Skyrocket
The commission-free trading app Robinhood offers a good heatmap of where retail investors are putting their money on any given day. And while some popular stocks among those using the service are considered questionable investments by veteran stock traders, others have real potential to deliver explosive returns.
Two stocks that fit into that latter category are Virgin Galactic (NYSE: SPCE) and MGM Resorts (NYSE: MGM). Let's explore the reasons why these two stocks could skyrocket.
Virgin Galactic is a fledgling space tourism company that appeals to Robinhood investors because of its high-stakes business model and all-or-nothing catalyst for growth. Either the company successfully sends passengers to space, or it doesn't. But despite the risks, Virgin Galactic looks poised for success because of its strong balance sheet and convincing progress toward getting its spaceplanes ready for commercial operation.
Source Fool.com
