Robinhood is a popular investing app with more than 2 million users. The app lets you trade stocks with zero broker fees, and it has recently been valued at $1.3 billion.
Robinhood is a popular investing app with more than 2 million users.
The app lets you trade stocks with zero broker fees, and it has recently been valued at $1.3 billion. Millennials in particular seem to love the app.
But which stocks are Robinhood users picking?
The team at Robinhood crunched the numbers and put together a list of the top stocks on their platform for Business Insider. The following stocks are the ones with the highest number of people investing in them and do not take into account trading volume.
Robinhood users seem to love tech stocks, and 11 of the stocks below can be considered tech companies. Users also seem to be surprisingly good at picking stocks. The average year-to-date performance of the top 15 stocks was 11.03%, appreciably higher than the S&P 500's 7.94% return this year.
The following stocks are in reverse order, with the most popular at the bottom. Robinhood declined to provide exact numbers of people investing in each stock.
Amazon
Ticker: AMZN
Year-to-date returns: 31.64%
Market Cap: $475.63 billion
Click here to find out more about the stock...
General Electric
Ticker: GE
Year-to-date returns: -11.24%
Market Cap: $251.26 billion
Click here to find out more about the stock...
Netflix
Ticker: NFLX
Year-to-date returns: 19.26%
Market Cap: $66.35 billion
Click here to find out more about the stock...
Microsoft
Ticker: MSFT
Year-to-date returns: 12.24%
Market Cap: $546.77 billion
Click here to find out more about the stock...
Ticker: FB
Year-to-date returns: 30.38%
Market Cap: $440.85 billion
Click here to find out more about the stock...
Bank of America
Ticker: BAC
Year-to-date returns: 4.17%
Market Cap: $272.44 billion
Click here to find out more about the stock...
Nvidia
Ticker: NVDA
Year-to-date returns: 53.46%
Market Cap: $93.42 billion
Click here to find out more about the stock...
Tesla
Ticker: TSLA
Year-to-date returns: 73.38%
Market Cap: $60.82 billion
Click here to find out more about the stock...
Ticker: TWTR
Year-to-date returns: 2.83%
Market Cap: $12.31 billion
Click here to find out more about the stock...
Apple
Ticker: AAPL
Year-to-date returns: 24.91%
Market Cap: $765.08 billion
Click here to find out more about the stock...
GoPro
Ticker: GPRO
Year-to-date returns: -10.84%
Market Cap: $818.84 million
Click here to find out more about the stock...
Ford Motors
Ticker: F
Year-to-date returns: -11.64%
Market Cap: $43.84 billion
Click here to find out more about the stock...
FitBit
Ticker: FIT
Year-to-date returns: -36.67%
Market Cap: $907.13
Click here to find out more about the stock...
AMD
Ticker: AMD
Year-to-date returns: 13.17%
Market Cap: $11.17 billion
Click here to find out more about the stock...
Snap
Ticker: SNAP
Year-to-date returns: -29.49%
Market Cap: $12.18 billion
Click here to find out more about the stock...
CHECK OUT: CREDIT SUISSE: Hedge funds can't get enough of these 9 stocks
Robinhood is a popular investing app with more than 2 million users. The app lets you trade stocks with zero broker fees, and it has recently been valued at $1.3 billion. Read Full Story
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