Robinhood Markets, Inc. (NASDAQ:HOOD) is one of the 14 stocks Jim Cramer recently looked at. The company was mentioned during the episode, and here’s what Mad Money’s host had to say:
“Take the stock of Robinhood. Boy, is that ever their stock, right? Skyrocketed more than 10 bucks today to an all-time high. Why? Because it’s using blockchain to allow its users to trade stocks and private companies. The move strikes most of the seasoned players in this market as absurd, maybe even boring, but this same development strikes younger and fresher-faced buyers as kind of a clever financial engineering that should be encouraged. They’re not cynical about it. So what do they do? They go nuts buying the darn thing. No price is too high. And guess what? They’ll be back tomorrow too.”
A successful business person confidently managing their finances on a mobile device.
Robinhood (NASDAQ:HOOD) provides a financial platform that enables users to invest in a wide range of assets, including stocks, ETFs, options, gold, and cryptocurrencies. Furthermore, the company offers educational tools, spending accounts, credit and cash cards, and a digital marketplace for trading major cryptocurrencies.
While we acknowledge the potential of HOOD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.