2 Robinhood Stocks That Millionaires Are Buying
In some circles, Robinhood Markets (NASDAQ: HOOD) has become associated with risky investment strategies and gamified trading. Elsewhere, Robinhood is lauded for pioneering commission-free trades and fractional shares, making the stock market more accessible to younger generations.
That dichotomy can also be seen in its regularly updated Top 100 List, which points out some of the unusual stocks that are popular among Robinhood users, but can also be a good place to find investing ideas, whether you're new to buying stocks or a professional money manager.
On the money manager side, CEO Mortimer Buckley recently added Airbnb (NASDAQ: ABNB) stock to Vanguard's portfolio, which now owns roughly 7.9 million shares. And CEO Cathie Wood bought more Palantir Technologies (NYSE: PLTR) stock for her investment firm ARK Invest, increasing the total to 30.7 million shares.
Source Fool.com