My Top Robinhood Stock to Buy Right Now
Demographics released about investors who use the Robinhood trading platform show that they tend to be younger, which suggests they have several decades before reaching retirement. That can have some influence on the stocks they decide to favor as investments.
And while the meme stock craze has dazzled some retail traders (including some Robinhood users) with the idea of instant riches, a long-term investment strategy is more likely to be rewarding for your average retail investor. That too can be influential in deciding the best stocks to pick for a portfolio.
Taking all this together, popular Robinhood stock Tesla (NASDAQ: TSLA) looks like it could be a smart investment, especially for younger investors. Here's why.
Source Fool.com
