2 Stocks Robinhood Investors Will Regret Buying
Robinhood is a commission-free trading platform that is popular among millennials (the average age of a Robinhood user is 31). These investors, many of whom are newcomers to the investment world, tend to pick some high-quality stocks. Such brilliant companies as Amazon and Apple constantly feature on the list of the 100 most popular stocks on the platform.
But Robinhood investors also have their share of poor stock picks, just like the rest of us. Among these are cannabis companies HEXO (NYSE: HEXO) and Cronos Group (NASDAQ: CRON). Both of these pot growers have serious problems, and investors (on Robinhood and elsewhere) had better stay away from them. Here’s why.