5 Ultra-Popular Robinhood Stocks I'm Never Selling
Online investing app Robinhood, which is best-known for its commission-free trades and gifting of free shares of stock to new members, has earned quite the reputation on Wall Street.
Given that the average age of Robinhood's user base is only 31, Robinhood is known for having its millennial and/or novice investors chase after momentum plays, penny stocks, and otherwise undesirable businesses. Robinhood's young investors also have a tendency to think short-term, with many of the platforms' top-100 holdings being stocks that'll likely be popular only for a few weeks or months.
But, surprisingly, Robinhood's leaderboard is also home to five ultra-popular stocks that I own, and that I don't have any intention of ever selling. Robinhood's young investors might love momentum stocks, but in my view they've picked out a number of top-tier long-term moneymakers.
Source Fool.com