3 Robinhood Stocks That Wall Street Loves
This has been a year that'll undoubtedly go down in the record books as of one the most volatile on record. In just a six-month time frame, we watched the widely followed S&P 500 lose more than a third of its value, then gain it all back (and then some).
Though volatility on par with what we witnessed in March can be unnerving, it's ultimately a big-time opportunity for long-term investors to scoop up great companies on the cheap.
But it has its downsides, too. Heightened volatility attracts short-term traders and novice investors who have that get-rich-quick twinkle in their eye. Online investing app Robinhood's member count and leaderboard (i.e., most-held stocks) show that short-sighted retail investors are attempting to dive in and out of this market. Among Robinhood's 100 most-held stocks on the platform, quite a few are downright awful companies and/or penny stocks.
Source Fool.com
