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Which Popular Robinhood Stock is a Better Buy? By StockNews

by Mike Robinson

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© Reuters. Apple vs. Tesla. Which Popular Robinhood Stock Is a Better Investment?

The new generation of traders has found Robinhood (NASDAQ 🙂 to be extremely popular. Customers are very interested in Apple and Tesla (NASDAQ) because they rank among the 15 most popular stocks listed on Robinhood. Which stock is the best buy right now? Read more to find out.With a rank of #13 on the Robinhood 100 list, Apple Inc. (NASDAQ:) is the world’s largest technology company, specializing in consumer electronics, software, and online services. Tesla, Inc., (TSLA), a prominent player in the field of electric vehicles, ranks at #14. The company develops, produces, leases and sells electric cars and other energy-generation and storage system globally.

Robinhood, which has zero commissions, is becoming the top trading platform among Generation Z and young people. With last year’s lockdowns, as people were compelled to stay at home, many have started taking an active interest in trading as a hobby. This is a 130% rise from the 9.80 million accounts reported in the first quarter last year to 22.50 millions in 2021. Based on Gen Z and millennials’ interest, AAPL and TSLA are positioned within the top 15 most popular stocks on Robinhood.

TSLA gained 27.8% in the six-months, while AAPL returned 17.7%. Also, TSLA’s 10.7% gains year-to-date compares with AAPL’s 7.6% returns. In terms of the past year’s performance, TSLA is the clear winner with 86.4% gains versus AAPL’s 25.2%.

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Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. 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.



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