2 Cheap Robinhood Stocks Poised for a Bull Run
The stock market has fully recovered its losses from the pandemic, with the S&P 500 up 8% year to date. But despite the wider market gains, several companies in the tourism and food-service industries continue to trade at a discount because of the disproportionate impact they faced during the crisis. Here are two stocks that are still trading at substantial discounts to their pre-coronavirus highs.
The first stock is Starbucks (NASDAQ: SBUX), the coffee giant with a compelling international expansion story. The second is MGM Resorts International (NYSE: MGM), a casino operator making a convincing pivot to sports betting. Both stocks are among the top 100 held by investors on the millennial-focused trading app, Robinhood, and they reflect retail investors' healthy appetite for risk and potentially market-beating returns in the wake of the pandemic.
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Source Fool.com