Is Robinhood Markets Stock a Buy Now?
The company's 25.9 million funded accounts make it a legitimate industry player, with numerous long-term growth opportunities still ahead.
Financial services are one of the most competitive industries you'll see as an investor. Trillions of dollars of wealth circulate through the economy and markets every day.
Robinhood Markets (NASDAQ: HOOD) gained fame as the first brokerage to offer commission-free trades to individuals. Years later, it has continued to grow and has gone from a potential disruptor to an emerging threat to incumbent competitors.
The stock has enjoyed similar success. Robinhood's share price has surged over 250% over the past year. There is still so much opportunity ahead for a company that's still just a fraction of the size of the industry giants it seeks to take business from.
