Forget AMC and Gamestop: These 2 Popular Robinhood Stocks Are Better Buys

The commission-free trading platform Robinhood is popular among novice investors, millennials, and traders. These groups of market enthusiasts can certainly pick excellent stocks, as evidenced by the list of the 100 most popular stocks on the platform. However, some of the stocks on that list are head-scratchers. For instance, GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC) are among the top 20 most commonly held stocks on the app as of this writing. 

Both of these businesses are struggling, in part due to their reliance on brick-and-mortar operations, which were severely impacted by the pandemic. Further, both AMC and Gamestop were at the center of the now (in)famous short-squeeze fiasco orchestrated by traders from Reddit's r/WallStreetBets. Investors would be better off staying away from these two unpredictable companies and instead purchasing shares of Robinhood stocks with solid futures ahead of them. Two such companies worth considering are Pfizer (NYSE: PFE) and Netflix (NASDAQ: NFLX). 

Continue reading

Source Fool.com