3 Stocks Robinhood Investors Love
Robinhood has become a popular brokerage app for first-time investors, thanks to its easy-to-use interface. Its offering of free stock trades, fractional share trading, and cash management features has brought a new level of competition to legacy brokers.
Robinhood recently secured $280 million of new financing at a valuation of $8.3 billion. In December, the firm disclosed it had more than 10 million users on its platform.
Through its website and mobile app, Robinhood provides a list of the top 100 stocks owned by account holders. The stocks on the list show a diverse range of investing styles: everything from beaten-down industrial stocks to high-flyers. Three in particular that caught my eye were Walt Disney (NYSE: DIS), Tesla (NASDAQ: TSLA), and Advanced Micro Devices (NASDAQ: AMD).
Source Fool.com
