2 Dirt-Cheap Robinhood Stocks That Could Skyrocket
Robinhood investors love betting on beaten-down stocks with the potential to bounce back. It's a risky strategy that can deliver outsized returns if things go as planned. Ford Motor (NYSE: F) and MGM Resorts (NYSE: MGM) are two popular stocks on the platform that have seen better days.
Let's find out why they could potentially skyrocket in the future.
With a market cap of $35 billion, Ford looks cheap considering its potential to grow profits by boosting its operating margins. The stock has gained around 90% so far in 2020 compared to an S&P 500 return of 17%, which shows the market is getting more optimistic about the automaker's long-term strategy.
Source Fool.com