Where Will Robinhood Be in 1 Year?

Many years after Robinhood (NASDAQ: HOOD) launched its popular app for buying and selling stocks, many investors are still trying to figure out whether the stock is a good investment or a borderline meme stock. To be clear, Robinhood has a viable business that's attracting new customers, its revenue is rising, and it has positive earnings.That should be enough to shed the meme stock association it developed years ago. And yet, Robinhood's success is still closely tied to the rapid rise of equity markets. Robinhood's shares have gained almost 400% during the past year alone, adding to some investors' skepticism that it's a flash in the pan that could soon fizzle.So, where does Robinhood go from here? Here's what's happening with the company right now and what investors should keep their eye on during the next year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool