Core Conviction Spotlight: Robinhood $HOOD

Retail trading is on fire this year and its sending a stock in our MegaTrends portfolio and on our Core Conviction list soaring!

Last Spring we doubled down on a rising star among traders and investors: Robinhood (HOOD). When we issued our most recent buy alert last spring, the stock was trading under $20 a share.

Rising interst in retail investing, decentralized finance, and Robinhood’s user-friendly service offerings led us to believe the stock could more than double in the following 2 years.

It has already exceeded our expectations, and even quicker than we imagined it would.

HOOD shares hit an all-time high today and have logged more than 240% in gains since our most recent buy alert went out!

The stock has gained more than 380% since our initial feature in 2022.

So where does Robinhood (HOOD) stock go from here? Are its best days behind it?

Here’s what we think…

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