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3 Popular Robinhood Stocks to Add to Your Portfolio This Month By StockNews


© Reuters. 3 Popular Robinhood Stocks to Add to Your Portfolio This Month

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.

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