1 Robinhood Stock That Could Crush the Market In the Long Run
Robinhood Markets (NASDAQ: HOOD) changed the investing game with its introduction of no-commission trading, and it introduced a whole new generation to the stock market. The average age of a Robinhood account holder is just 31.
Robinhood's outsized influence on the market faded during the current bear market, but it's still a good idea to keep an eye on what Robinhood traders are buying. Their interests offer a good proxy for what the youngest generation of investors is drawn to.
Robinhood maintains a running list of its 100 most widely held stocks, and one stock on that list looks particularly appealing right now. Home-sharing leader Airbnb (NASDAQ: ABNB) finds itself roughly in the middle of the list. It also looks poised to crush the market in the long run. Let's look at three reasons why.
Source Fool.com