Up Over 200% in the Past Year, Is It Too Late to Invest in Robinhood Stock?
One of the hottest stocks with retail investors in the past year has been Robinhood Markets (NASDAQ: HOOD). Shares of the financial services company are up more than 230% during the past 12 months (as of June 17), with its valuation soaring past $66 billion. But with the business generating strong growth and profits rising, could there still be room for more gains ahead for investors who buy the fintech stock today? Here's a closer look at whether it could still be a good buy right now.Image source: Getty Images.Continue reading
One of the hottest stocks with retail investors in the past year has been Robinhood Markets (NASDAQ: HOOD). Shares of the financial services company are up more than 230% during the past 12 months (as of June 17), with its valuation soaring past $66 billion.
But with the business generating strong growth and profits rising, could there still be room for more gains ahead for investors who buy the fintech stock today? Here's a closer look at whether it could still be a good buy right now.
Image source: Getty Images.
