4 Great Stocks Robinhood Investors Love
Stock trading platform Robinhood has been in the news quite a bit recently, and not for the best reasons. In short, the no-fee, easy-to-use platform has become widely used by inexperienced investors to day trade stocks in the hopes of making quick profits.
While that is certainly some of what Robinhood is used for, it doesn't tell the whole story. Many of Robinhood's 13 million users are approaching the platform in the right way – as an easy way to get started buying top-quality stocks and holding them for the long term.
One thing we can definitively say about Robinhood is that the company is very transparent about the stocks its members are buying, publishing a frequently updated list of the most popular stocks owned by its members. And as you might expect, some of them are in distressed and volatile industries like cruise lines and airlines. However, some of the most popular stocks on Robinhood's platform are excellent choices for buy-and-hold investors, like these four – all of which are near the top of the list of Robinhood investors' most popular stock holdings.
Source Fool.com
