Revenue increased 29% year-over-year (YOY) to $31.15 billion. The group boasts hundreds of millions of users operating China’s most-visited online marketplaces.Īlibaba released Q3 results on Nov. Yet, despite broad Chinese regulatory headwinds, Alibaba continues to dominate the Chinese e-commerce space. Last year saw the heavy hand of the Chinese state put immense pressure on many tech names in the country, including BABA, including its founder Jack Ma. Source: Kevin Chen Photography / Īlibaba is the largest online and mobile commerce company in China with extensive international reach. Below are seven such Robinhood stocks that should make great additions to any portfolio in 2022 and beyond. With that said, I believe that the best Robinhood stocks are the ones that offer prospects for both earnings growth and stock market performance. Of course, the list includes a few of the stalwarts we’ve come to know as reliable names. Aside from renowned tech giants like Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), the list has its fair share of meme stocks, as well as low-priced penny stocks in high-risk industries like cannabis.
Such stocks constitute a diversified portfolio of publicly traded names. Against this backdrop, I’ll discuss seven Robinhood stocks that are in the limelight as we start a new year. In fact, the broker claims almost half of all new U.S.-funded retail trading accounts opened from 2016 to 2021 were Robinhood accounts.
According to Statista, the number of Robinhood users grew from half a million in 2014 to well over 22 million in 2021. Meanwhile, the concept of fractional investing has further contributed to the platform’s rising popularity. So much so that “Robinhood stocks” has become shorthand for stocks popular with retail investorsĪnecdotal evidence suggests that even those who would not have considered putting some of their savings to work on Wall Street have been lured by the online broker’s business model. Robinhood Markets (NASDAQ: HOOD) is a pioneer in commission-free investing model that has recently become popular among online brokers.
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