Sunday, July 18, 2021

8 Robinhood Stocks Investors Are Buying in Q3

Again, to show that I can be fair even if I do have suspicions about the legitimacy of the Robinhood strategy, I submit below the Friday edition of US News Invested in which they list their picks of the best Robinhood stocks to own for Q3. These are all good companies. Use your own judgement. Once again, there is no summation. I suspect they're done for good.  Hope everyone had a great weekend. 


July 16, 2021
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U.S. News & World Report

Invested

Advice, rankings and stock market news for investors.
Happy Friday, investors! Shares of Johnson & Johnson dropped yesterday after the company issued a recall for sunscreen products.
TODAY'S FEATURED STOCK STORY

8 Robinhood Stocks Investors Are Buying in Q3

electric car model charging
Popular trading app Robinhood and its investors are once again in the spotlight heading into the third quarter after the company officially filed for its highly anticipated initial public offering in late June.

Robinhood reported nearly 18 million active users in its filing and about $80 billion in assets.

The company also estimates nearly half of all new U.S.-funded retail accounts opened from 2016 and 2021 were Robinhood accounts. The relatively young and inexperienced Robinhood trader base has had some huge hits and misses in recent quarters.

Here are the eight most popular stocks owned by Robinhood users:

1. Ford Motor Co. (ticker: F). Ford's recently launched Mustang Mach-E electric vehicle has been a massive success and even won Car and Driver's 2021 EV of the Year award in early July. In May, Ford upped its planned investment in EV and autonomous vehicle technology from $22 billion to $30 billion through 2025.

2. Tesla (TSLA). Tesla was a huge winner for Robinhood investors in 2020, finishing the year up about 700%. Unfortunately, Tesla is down about 10% year to date amid rising EV competition.

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Robinhood stocks investors are buying in Q3:
  • Ford Motor Co. (F)
  • Tesla (TSLA)
  • Apple (AAPL)
  • AMC Entertainment Holdings (AMC)
  • Sundial Growers (SNDL)
  • General Electric Co. (GE)
  • NIO (NIO)
  • The Walt Disney Co. (DIS)

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