3 Stocks Robinhood Investors Love
Robinhood, the brokerage platform that popularized free stock trades, serves over 10 million users worldwide. Instead of charging fees for every trade, Robinhood generates most of its revenue by earning interest on accounts, margin lending, and directing orders to high-frequency trading platforms in exchange for rebates.
Robinhood's arrival attracted a new wave of younger investors and forced older online brokerages to offer free trades. Robinhood also awards new accounts that fulfill certain conditions with a single share of a random stock -- usually worth $2.50-$10.00.
Experienced investors might not be impressed by Robinhood's no-frills interface, but the platform's top stocks still offer valuable insights into the trading habits of younger investors. Based on numbers from the tracking website Robintrack, three stocks are currently held by the most Robinhood investors: Ford (NYSE: F), General Electric (NYSE: GE), and Disney (NYSE: DIS).
Source Fool.com
