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A Massive Trend at Robinhood Will Drive Long-Term Growth

Robinhood isn't just about YOLO trading anymore.

By Travis Hoium – Aug 14, 2024 at 11:51AM EST

Robinhood (HOOD +4.55%) burst onto the scene during the pandemic as the zero-fee trading platform. But it has matured into a much more stable and expansive business with retirement now a focus. In this video, Travis Hoium talks about a strategic change for the company.

*Stock prices used were end-of-day prices of Aug. 12, 2024. The video was published on Aug. 12, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in Robinhood Markets. The Motley Fool has no position in any of the stocks mentioned. 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.

Stocks Mentioned

Robinhood Markets Stock Quote
Robinhood Markets
NASDAQ: HOOD
$90.80
(+4.55%)+$3.95

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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