3 Robinhood Stocks to Buy and Hold Forever
Robinhood (NASDAQ: HOOD) developed a reputation as being a platform for traders and casual stock market observers to buy and sell stocks, but it has evolved into much more than that. The company is rapidly emerging as a leading brokerage for retirement accounts and has done a solid job of reinventing itself as a place to buy stocks and hold them for the long term.
With that in mind, here are three stocks among the most popular on Robinhood's platform that could be worth a closer look for buy-and-hold investors.
It's tough to find a company that is the clear market leader in not one, but two businesses with lots of growth potential, but that's exactly what Amazon.com (NASDAQ: AMZN) is. Amazon is well-known for being the e-commerce leader, a field in which it is so dominant that it has a greater market share than its next 10 competitors combined. E-commerce is still in the relatively early stages, accounting for roughly 15% of all U.S. retail sales today.
Source Fool.com
