Robinhood (NASDAQ: HOOD) conducted its IPO yesterday, and now, more and more trading platforms are offering HOOD shares to the public.
If you want to invest in Robinhood stock, you have come to the right article. We explain everything you need to know, including what the company is, what the future may hold for it, and whether or not you should buy Robinhood shares right now.
First things first, check out the section below if you want to invest straightaway. There, you can find links to the best places to buy HOOD stock in the UK and elsewhere.
How & where to buy Robinhood shares online
To buy HOOD shares quickly, easily and affordably, click on one of the links below, sign up and deposit funds. Then, choose the number of HOOD shares you want to buy and execute your transaction.
Here are the best platforms to buy, sell and trade Robinhood shares today:
eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.
Financial company driven by technology and offering all-in-one self-directed investment platform that provides excellent user experience.
What is Robinhood?
It is an American financial services company that was founded in April 2013 by Vladimir Tenev and Baiju Bhatt, and it is based in California.
Through its popular app that launched in 2015, it offers zero-commision investing and trading across a wide range of assets, such as stocks, exchange-traded funds (ETFs), options, commodities, and cryptocurrencies.
The company now has more than 13 million active users, and having conducted its IPO yesterday, some feel it may be poised for growth after a tough first day of trading.
After broker platform eToro listed HOOD stock yesterday, Pepperstone – a popular CFD trading service – has now followed. This could result in substantial retail investor exposure to Robinhood, improving market sentiment and driving the company’s share price up.
Should I buy Robinhood stock?
If you have conducted due diligence and you believe the company is currently priced below where you would expect, now may be the ideal time to pounce. Just make sure you don’t invest money that you can’t afford to lose and take your time before making an investment.
Robinhood price target 2021
Our analysts feel Robinhood’s share price could reach up to $65 in the next 12 months.