As 2024 concludes, investors await the Santa Claus rally lifting stocks in the last week of December and the January effect to kick in the following month. The January effect occurs when investors buy back into the market after taking their tax losses and selling their underperforming stocks to offset capital gains from cashing in on their winners.
Robinhood's (HOOD -3.63%) most recent data release showed another great month of momentum in November, and that should keep the company growing in 2024. In this video, Travis Hoium shows why this remains one of the hottest stocks in fintech.
Robinhood (HOOD -3.63%) 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.
Robinhood co-founder and CEO Vlad Tenev unpacks the company's $2 million donation to the Trump inaugural fund on 'The Claman Countdown.'
The Federal Reserve's inflation progress is expected to stall in 2025, according to Robinhood's new year outlook. Robinhood Financial's head of investment strategy Stephanie Guild joins Seana Smith and Madison Mills on Catalysts to discuss her expectations for the market (^DJI,^GSPC, ^IXIC).
Bryn Talkington, managing partner at Requisite Capital Management, joins CNBC's 'Halftime Report' to discuss why she's buying Robinhood now.
Subscribers to Schaeffer's Weekend Trader options recommendation service received this HOOD commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.
It's been a fantastic year for stock market investors. At the time of this writing, the S&P 500 index has returned 28% thus far in 2024 amid a resilient macroeconomic backdrop and record corporate earnings.
Robinhood's innovative zero-commission trading platform and user-friendly interface have driven significant growth, with a 36% YOY revenue increase and 24.3 million funded accounts in Q3. The company's expansion into crypto trading and new products like Robinhood Gold Card and Robinhood Legend cater to diverse investor needs and enhance user engagement. Robinhood benefits from broader societal shifts towards speculative investing, offering a low-barrier entry for alternative income opportunities amid rising inequality and job automation.
Robinhood Markets (HOOD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Robinhood Markets Inc (NASDAQ:HOOD) has been upgraded to a 'buy' from 'neutral' by Goldman Sachs, which sees the trading platform maturing into a best-in-class service for traders of all ages. “In our view, HOOD has successfully migrated from a fast-growing, periodically profitable online broker servicing mostly younger investors, to a best-in-class top and bottom-line asset under custody compounder with a growing total addressable market (TAM).
Barclays upgrades Robinhood and Schwab to overweight from equal-weight as analyst sees “constructive” trading backdrop in 2025.