There are several stocks on the list of Robinhood’s 100 Most Popular Stocks that I wouldn’t touch with a 10 foot pole. I just don’t think they’re built to last. My view is similar to what Warren Buffett once said, “If you haven’t been ready to own a stock for 10 years, don’t even think about owning it for 10 minutes.”
However, there are also plenty of great stocks that are widely held by Robinhood investors. Some of them seem to have what it takes to generate strong returns over the years. Which are the best? Here are my three favorite stocks of Robinhood that I am buying right now.
I am always amazed how Amazon (NASDAQ: AMZN) finds ways to generate impressive growth year after year. It’s a $ 1.75 trillion giant that has exceeded expectations with its first quarter results. Who wouldn’t be satisfied with a 44% year-over-year increase in sales and a profit that more than tripled?
Amazon probably won’t …