12.12.2024 12:15:00

Robinhood Markets Stock: Buy, Sell, or Hold?

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.The scenario has been great news for Robinhood Markets (NASDAQ: HOOD), which has emerged as a big winner in this bull market. Shares of the online brokerage and financial services platform are up roughly 200% year to date, propelled by a sharp rebound in customer trading activity and accelerating profitability.The recent trends have been positive, but is that enough to keep the rally going? Let's consider what to do now with Robinhood Markets stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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