Got $1,000? Now Is a Perfect Time to Invest in These Robinhood Favorites

Starbucks (NASDAQ: SBUX) and Nike (NYSE: NKE) suffered in the earliest stages of the coronavirus pandemic as stores closed and consumers stayed home. Today, though, Robinhood investors are betting both companies are on the road to recovery. Starbucks and Nike are among the top 100 shares owned by users of the popular online trading platform. Robinhood investors often seek out stocks with potential for quick gains. But in this case, they've chosen shares that should deliver now -- and in the future.

Starbucks and Nike are strong brands. Loyal customers specifically seek out their products over those of competitors. They took the 28th and 40th spots, respectively, in Brand Finance's 2020 report on the world's top 500 most valuable brands. As businesses reopen and a potential coronavirus vaccine and treatments are on the horizon, these two companies are well-positioned for recovery. Let's take a look at why you should invest $1,000 in Starbucks and Nike.

Image source: Starbucks.

Source Fool.com