Robinhood Investors Are Being Smart With These 4 ETFs
Robinhood investors get a bad rap. Criticism of their favorite stock picks abound, ranging from a marijuana stock that's consistently diluted its shareholders to a shipping company that has repeatedly had to perform reverse stock splits just to stay listed on a major U.S. stock exchange. You'd think that Robinhood investors have no investing acumen whatsoever.
But not everyone uses the app simply to speculate on individual stocks. Exchange-traded funds also have gained in popularity among many of its users, and some ETFs that make exceptionally good choices are among the most popular on Robinhood, held in as many as 125,000 of its portfolios. These picks are also relatively conservative, which flies in the face of the idea that every Robinhood investor is an unreasonable risk-taker.
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Source Fool.com
