3 Popular Robinhood Stocks to Add to Your Portfolio This Month By StockNews
Robinhood (NASDAQ:), the zero-commission trading app, has gained much popularity over the past year. This platform is a popular choice for Gen Z and millennial traders. Therefore, we think fundamentally sound Robinhood stocks Johnson & Johnson (JNJ), Walmart (NYSE:), and The Coca-Cola (KO), which are listed on the platform, could be good additions to one’s portfolio now.The Robinhood trading platform has become very popular since last year, especially with Gen Z traders, due to its zero-commission trading services. The platform is one of America’s most popular trading platforms. The company’s total net revenues increased 131% year-over-year to $565 million in the second quarter of 2021. Robinhood also reported an increase of 109% in active users per month to 21.3million, compared with the previous year. This is.
Robinhood’s most frequent users are Gen Z traders and young millennials. This makes stocks that can be traded or listed here very popular.
Johnson & Johnson (JNJ), Walmart Inc. (WMT), and The Coca-Cola Company (NYSE:) are currently on the Robinhood top 100 list. Considering their dominant market shares and strong fundamentals, we think these stocks could be solid additions to one’s portfolio now.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.