Robinhood has been the poster child of the commission-free trading movement that has drawn a new generation of investors into the stock market, and its user base skews heavily to Millennial and Gen Z investors. From iconic companies like Apple, to upstarts looking to disrupt whole industries, here are the top 50 stock picks among Robinhood users.
Workhorse, the Loveland, Ohio-based electric-vehicle maker, has become a retail favorite among other auto manufacturers, like Lordstown Motors and Canoo.
Shares of the plane-maker have rallied more than 12% so far this year.
The mobile-gaming company sees more than $1 billion in sales opportunity if it expands beyond mobile games to consoles and computers, Bloomberg reported.
Shares of the San Francisco-based ride-hailing company have been barely changed so far this year.
46. United Airlines
The airline slumped amid the COVID-19 pandemic but has turned around as air travel picks back up.
45. SPDR S&P 500 ETF
The ETF tracking the benchmark index has risen about 15% so far this year.
The chip and graphics card producer has rallied more than 50% year-to-date.
43. General Motors
The automaker is among a slew of others in the industry that retail traders have rallied behind.
Shares of the Atlanta-based beverage company have rebounded from a slump earlier this year.
41. Vanguard S&P 500 ETF
The exchange-traded fund has rallied 14% so far this year.
40. Norwegian Cruise Line
The cruise industry was hit hard amid the COVID-19 pandemic, but shares of cruise operators are on the rebound as the world reopens.
Ideanomics, a small company focused on sustainability, has rallied alongside other meme stocks like GameStop this year.
38. Virgin Galactic
The space tourism company has been a focus among Reddit retail traders for months. Shares soared in May after the company announced its successful test flight.
37. FuelCell Energy
The Danbury, Connecticut-based company creates “clean, efficient and affordable fuel cell solutions,” according to its website.
The media and telecommunications company based in Dallas is among retail-trader favorites on Robinhood.
Moderna shares have rallied in recent days since the pharmaceutical company announced its COVID-19 vaccine should work against the Delta variant.
The popular Seattle-based coffee maker recently added oat milk-based drinks to its menu.
The social-media site has been a hub for retail traders exchanging ideas this year.
32. Advanced Micro Devices
Advanced Micro Devices, a semiconductor company, is frequently mentioned on Reddit investing threads like Wall Street Bets.
31. Canopy Growth
The Canadian cannabis company is one of a handful of its kind that are among retail-trader favorites.
The social media behemoth is now worth more than $1 trillion after a federal judge dismissed antitrust lawsuits against the company.
The Canadian cannabis company has seen a lot of Reddit hype as retail investors look to position themselves for the possibility of legalization in the US.
28. Coinbase Global
Coinbase was the first major cryptocurrency exchange to go public on April 14.
27. Bank of America
Shares of the Charlotte, North Carolina-based bank have rallied about 36% so far this year.
The Canadian cannabis company is one of several retail traders have hyped up.
Shares of the Chinese e-commerce company have fallen about 2.6% this year.
The streaming site recently launched an e-commerce store to sell items from popular shows like “The Witcher.”
23. Snap Inc.
Shares of the social site have rallied about 35% so far this year.
22. Delta Airlines
The airline is among several others that struggled during the pandemic but has begun to rebound.
21. Churchill Capital Corp IV
Shares of the special-purpose acquisition company have nearly tripled in price since going public earlier this year.
The maker of wearable cameras has rallied 38% so far this year.
The Ann Arbor, Michigan-based company is focused on helping meet the needs of veterinarians, according to its website.
GameStop was recently added to the Russell 1000 Index, a list of the largest companies based on market capitalization, thanks to its epic rally pushed by retail investors.
The cruise line industry shuttered amid the COVID-19 pandemic, but operators like Carnival are making a comeback as the pandemic recedes.
15. Aurora Cannabis
Aurora is another Canadia cannabis company that retail traders have flocked to amid excitement over potential legalization in the US.
The pharmaceutical company has surged in popularity, largely thanks to the production of its COVID-19 vaccine.
Nokia has been looped into the basket of meme-stocks, like GameStop and AMC, that have gripped retail-traders attention this year.
12. Plug Power
Plug Power, based in Latham, New York, is focused on creating hydrogen fuel cells to power vehicles.
11. American Airlines
The Fort Worth, Texas-based airline has rallied about 35% year-to-date.
The e-commerce giant is among the biggest companies in the world with a $1.7 trillion market capitalization.
Microsoft is among the largest companies in the world with a $2 trillion market capitalization.
Shares of the media and entertainment conglomerate have dropped about 3% so far this year.
The Chinese electric-vehicle maker has rallied more than 600% in the past year.
6. General Electric
Shares of the long-time company have been on the rise this year, rallying about 25%.
The legacy automaker garnered attention earlier this year when President Joe Biden floored one of its electric trucks.
4. Sundial Growers
Sundial, among other Canadian cannabis companies, is a favorite among retail traders.
3. AMC Entertainment
AMC Entertainment became a retail-trader favorite earlier this year, and led a rally in memes last month amid renewed interest in meme stocks.
The iPhone maker is the most valuable company in the world with a market cap of more than $2 trillion.
Tesla’s Chief Executive Officer Elon Musk has captured retail-trader attention in both his company and in the realm of cryptocurrencies.