3 Blue Chip Stocks Robinhood Investors Love
Wall Street and investors have witnessed some of the craziest volatility on record in 2020 courtesy of the coronavirus disease 2019 (COVID-19) pandemic. It took less than five weeks for the benchmark S&P 500 to lose 34% of its value during the first quarter, and less than five months for the broad-based index to gain everything it had lost back.
Although volatility is actually the friend of long-term investors, as it allows for the purchase of great stocks at perceived discounts, it has a dark side, too. Volatility tends to bring short-term traders out of the woodwork -- and that's exactly what we've seen happen.
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Source Fool.com
