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Robinhood's Incredible Momentum Continues with Big Goals Ahead

Source The Motley Fool

Robinhood (NASDAQ: HOOD) announced incredible rates of growth in assets under custody and deposits in November, and that should keep the company's operational momentum going. In this video, Travis Hoium covers everything you need to know about Robinhood's latest announcement.

*Stock prices used were end-of-day prices of Dec. 4, 2024. The video was published on Dec. 4, 2024.

Should you invest $1,000 in Robinhood Markets right now?

Before you buy stock in Robinhood Markets, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Robinhood Markets wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $859,528!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

See the 10 stocks »

*Stock Advisor returns as of December 2, 2024

Travis Hoium has positions in Coinbase Global and Robinhood Markets. The Motley Fool has positions in and recommends Coinbase Global. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

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