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3 Bubble Stocks Robinhood Investors Keep Chasing

TheMotleyFool

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3 Bubble Stocks Robinhood Investors Keep ChasingPhoto, wide shot, wide-angle lens, Gas company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/01083d82-021d-4573-8c40-0e836a0771d6.png

2020 was an eventful year for the stock market. It gave us the fastest bear market crash in history, a brief turn negative for West Texas Intermediate crude oil futures, and an all-time high for the CBOE Volatility Index in March.

Despite this record-breaking chaos, millennial and novice investors were unfazed. Online investing app Robinhood, which has an average user age of only 31, gained approximately 3 million new users in 2020.

However, Robinhood investors have also developed quite the reputation on Wall Street for chasing momentum, no matter how pricey a company was perceived to be. In recent weeks, the following three bubble stocks have lured Robinhood investors.

Source Fool.com

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