Prediction: Robinhood Will Beat the Market. Here's Why

Source The Motley Fool

Robinhood (NASDAQ: HOOD) is no longer a YOLO trading platform like it was during the pandemic. The company has built professional tools and is growing rapidly in retirement accounts, which is a big reason the stock is up in 2024. However, shares have a long growth runway ahead, as Travis Hoium discusses in this video.

*Stock prices used were end-of-day prices of Dec. 17, 2024. The video was published on Dec. 18, 2024.

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Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

  • Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $342,278!*
  • Apple: if you invested $1,000 when we doubled down in 2008, you’d have $47,543!*
  • Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $496,731!*

Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.

See 3 “Double Down” stocks »

*Stock Advisor returns as of December 16, 2024

Travis Hoium has positions in Robinhood Markets. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a disclosure policy.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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