Robinhood Traders Are Stocking Up on Amazon Today. Should You?
Robinhood is an online brokerage company founded just a few years ago. During that time, it has helped popularize the commission-free model that has attracted individual investors to its platform.
The brokerage puts out a list of its most popular stocks that its customers are buying, and Amazon (NASDAQ: AMZN) is on it. Of course, this can turn into a self-fulfilling prophecy, with investors piling on and pushing the share price to even greater heights.
It's important to look at the company's fundamentals to see if you should join the party.
Source Fool.com
