EgideSimba

Robinhood: Get your money back in Green

Long
EgideSimba Updated   
BATS:HOOD   Robinhood Markets, Inc.
This post is dedicated to all GME Bag holders!! Time to get your money back in Green.

HOOD has taken a major hit to its price ever since the GME debacle and deservingly so. With that said this company has brought in a whole generation of investors. The price is highly undervalued and poised to make a surge on the upside.

The Technicals: After multiple retests to the major resistance level at $13, HOOD has broken through and looking bullish for strong moves to the upside.

Financial Performance: Robinhood recently reported a strong Q4 and full-year financial growth in 2024. They've seen a $1.3 billion net positive in brokerage account transfers and have a growing Gold subscriber base. This indicates that the company is on a solid financial footing and has a bright future ahead.

Crypto Craze: With Robinhood's significant involvement in cryptocurrency and blockchain, the company is well-positioned to benefit from the crypto craze. As Bitcoin ETFs are approved in the U.S., Robinhood's stock could mirror Bitcoin's performance, making it an attractive investment for those who believe in the future of cryptocurrencies.

International Expansion: Robinhood is actively targeting active traders and expanding its international presence. This aggressive growth strategy could lead to increased market share and higher profits, making it a potentially lucrative investment.

Increased Gold Adoption: Robinhood has seen an increase in Gold adoption, which is a premium subscription service that offers additional features and benefits to users. This could lead to higher revenue and profits for the company.

Positive Analyst Sentiment: Analysts such as Dan Dolev from Mizuho Securities and John Tadaro from Needham & Company have expressed a bullish outlook for Robinhood, citing factors like the company's strong performance and the potential for future growth.

#Robinhood's robust financial performance, involvement in the crypto market, international expansion plans, increased Gold adoption, and positive analyst sentiment make it a stock worth considering for those looking to invest in the future of finance.
Comment:
We have made some nice gains on HOOD and very bullish
Comment:
GME Bag holder! Are you not entertained!!?

I joke but we have made some great profits on this position and remain bullish for further upside. cheers

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