Robinhood Markets, Inc.'s launch of presidential election event contracts and Robinhood Legend aims to attract more active traders and boost business growth, supporting a 'Buy' rating at $38 per share. Robinhood Gold membership growth is crucial, with Gold members showing significantly higher assets, deposit growth, and retirement adoption rates, driving transaction-based revenue and net interest income. Robinhood's Q3 outlook is strong, with an anticipated 40% revenue growth for FY24, driven by increased funded customers and average revenue per user, or ARPU.
Supermarket Income REIT is considered a "BUY" due to its quality, undervaluation, and attractive yield of over 7%. The company focuses on UK/France grocery assets, showing solid rent growth, cost reduction, and low leverage. Despite being a small player, the company fulfills all investment criteria and is considered a "SPEC BUY" at best.