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2 Robinhood Stocks to Buy, 2 to Sell

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Stocks traded on the Robinhood (HOOD) platform are considered the most popular, especially among Gen Z and millennial investors. In addition to popularity, HOOD stocks Microsoft (MSFT) and Walmart (WMT) possess solid fundamentals. So, these stocks could be solid bets now. In contrast, despite being placed on the HOOD’s list of most popular stocks, Snap (SNAP) and Peloton Interactive (PTON) look significantly overvalued at their current price levels. So, we think they are best avoided now. Read on.

Robinhood Markets, Inc. (HOOD) introduced zero-commission trading with no account minimums in 2013, forcing many other brokerage firms to later offer such benefits to compete. Last year saw a surge in first-time HOOD platform users, pushing the platform to the forefront again. HOOD’s platform also witnessed significant meme stock trading this year.

However, according to JPMorgan Chase & Co. (JPM) analysts, HOOD’s active-users metrics and app downloads plunged during the third quarter. And despite lacking solid fundamentals, many popular stocks on the platform have soared in price solely based on social-media hype surrounding them.

Given this backdrop, we think it could be wise to scoop up HOOD stocks Microsoft Corporation (MSFT) and Walmart Inc. (WMT), which are popular among the platform’s users and possess strong fundamentals. Conversely, HOOD stocks Snap Inc. (SNAP) and Peloton Interactive, Inc. (PTON) are best avoided because they look significantly overvalued at their current price levels.

Stocks to Buy:

Microsoft Corporation (MSFT)

Technology giant MSFT’s broad product portfolio includes personal computers (PCs), tablets, gaming and entertainment consoles, and related accessories. In addition, the Redmond, Wash.-based company is making several advances in the cloud space with the help of Microsoft Azure. It is ranked #2 among the top 100 Robinhood stocks.

On July 14, 2021, MSFT launched Windows 365, a cloud service that introduces a new way to experience Windows 10 or 11 to businesses of all sizes. The launch represents a significant step towards MSFT’s aim of creating a new category—the Cloud PC.

MSFT’s total revenue increased 21.3% year-over-year to $46.15........

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