3 Robinhood Stocks That Are Great Long-Term Picks
Many veteran investors tend to steer clear of the trading scene that younger and newer investors seem to embrace. They mostly feel that buying and holding stable stocks is the smarter, safer bet. Frequent trading simply makes it easier to lock in short-term losses that would have eventually been overcome with just a little patience. That's why so many of the app-based, zero-commission trading platforms like SoFi Technologies and Robinhood Markets (NASDAQ: HOOD) haven't attracted a great number of more experienced investors.
If you think these free trading apps are only drawing speculators to the riskiest of tickers though, think again. Three of the most popular holdings among Robinhood users right now are actually solid long-term picks. Let's take a closer look at these three Robinhood stocks.
Source Fool.com