Amazon and Apple- Two of the Crazy Picks for Best Robinhood Stocks

  Amazon and Apple - Two of the Crazy Picks for Best Robinhood Stocks Retail investors can take a bad rap but some of their choices may be good.   Today, Retail investors have become a force in the stock market. Now even the best of Wall Street are watching the movements of ordinary investors in retail-focused brokerage firms like the Robinhood app. It is useful to examine how meaningful these 2 solid stocks, which are currently considered among the best Robinhood stocks, are. Let's take them one by one.

Amazon.com

Let's start with Amazon.com  AMZN (NASDAQ) $3.675,74 0,00 (%0,00), which is on the list of the best Robinhood stocks. Shares of the e-commerce and cloud computing giant have more than doubled in three years. There are many factors that make Amazon grow. As e-commerce continues to gain momentum, companies are flocking to the cloud. While shoppers using Amazon for the first time during the pandemic tend to stay because of their convenience, the success of adding new Prime subscribers also brings high margin revenue to Amazon's doors. Top investors believe Amazon could easily triple again in the next four years. Add to this the influencing power of margin levels in Amazon Web Services. That's enough to explain why Amazon made a smart choice from Robinhood investors.

Amazon and Apple - Two of the Crazy Picks for Best Robinhood Stocks

Apple

Finally, Apple AAPL (NASDAQ) $142,02 +2,06 (+%1,47) is the second most popular stock in Robinhood. Given its better than 500% return over the past five years, it shows us why Robinhood was included in their selection. It responds to all types of investors. Large share repurchases and a modest dividend demonstrate the manufacturer's commitment to returning capital to shareholders and increasing business per share metrics. Meanwhile, it continues to elevate it, with the latest additions to the smartphone lineup and ever-increasing features and responsiveness to consumers looking to upgrade to 5G networks. Combining all the features in one company, plus an inexpensive value compared to its stock counterparts, is enough to bolster the confidence of Robinhood investors in this stock. Robinhood shouldn't be left out. It's easy to think of retail investors as a lack of knowledge about the stock market. But at least judging from these two choices, Robinhood investors are proving that they know what they're doing.  

Source: The Motley Fool

 

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