All rights reserved. They are also not research reports and are not intended to serve as the basis for any investment decision. Cash App is a peer-to-peer payment platform that can be used to transfer money to and from a traditional bank account, and can also be linked to Cash Card for more traditional purchasing activity. Though this might sound like a head-scratcher of a statement for a company that might generate $78 billion in sales in 2020, you should know that Facebook still hasn't monetized Facebook Messenger or WhatsApp. Instead of patients pricking their fingers on a regular basis to test their blood sugar levels, a CGM provides consistent readouts that can be used two ways. Made In NYC | Cumulative Growth of a $10,000 Investment in Stock Advisor, 3 Stocks Robinhood Investors Should Buy With $1,000 @themotleyfool #stocks $FB $DXCM $SQ, isn't just for small businesses any longer, primary sales growth and profitability driver, high-growth stock whose potential isn't fleeting, still in the relatively early innings of its growth, 4 No-Brainer Stocks to Buy if Donald Trump Wins in November, 4 Growth Stocks You Can Safely Hold Through 2030, 3 "Expensive" Stocks That Are Historically Cheap, Copyright, Trademark and Patent Information. In a five-month stretch, we've witnessed the fastest bear-market descent in history, the strongest quarterly rally in 22 years, and the tech-heavy Nasdaq Composite log more than two dozen all-time highs. Generally speaking, volatility can be a great thing for investors. Add to watchlist Start Trading >> News. See you at the top! It may not be the sexiest pick, considering there are other high-growth social media platforms folks could invest in, but its consistency is unmatched. This can be especially helpful during a pandemic, with diabetics not having to leave their house to get critical data to their doctor. DexCom is a manufacturer of continuous glucose monitoring systems (CGM) for patients with diabetes. The thing is, Robinhood absolutely has the potential to be a platform that kick-starts young investors on their path toward financial freedom. But in order to do so, Robinhood investors will need to think for the long-term and focus on buying higher-quality businesses. 0.00 0.00 0.00%. A second high-growth stock whose potential isn't fleeting is medical-device maker DexCom (NASDAQ:DXCM). Robinhood's leaderboard (i.e., a list of the platform's most-held stocks) is a minefield of generally awful companies or stocks that are hot for a very short period of time. in Economics, Sean specializes in the healthcare sector and investment planning. MotleyFool 22 hrs ago. A third stock Robinhood investors should scoop up is social media giant Facebook (NASDAQ:FB). For Robinhood, The Smartest Choice Is To Keep User Data Private. Robinhood's leaderboard (i.e., a list of the platform's most-held stocks) is a minefield of generally awful companies or stocks that are hot for a very short period of time. On a year-over-year basis, family monthly active people grew by 14%. Last week, Facebook reported its second-quarter operating results, ended June 30. First of all, forget chasing bankrupt companies and penny stocks when you have the ability to buy a financial technology powerhouse like Square (NYSE:SQ). The coronavirus disease 2019 (COVID-19) pandemic has made this one of the wildest year on record for the stock market. For years, this seller ecosystem has allowed Square to collect merchant fees. & Prod. Online investing platform Robinhood, which is known for attracting millennial and/or novice investors, is the current posterchild for this short-term thinking. Commerce Policy | The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Furthermore, Robinhood's younger investors will appreciate that Cash App allows for bitcoin exchange and direct investments. Keep in mind that while diversification may help spread risk, it does not assure a profit or protect against loss. There is always the potential of losing money when you invest in securities or other financial products. Direxion Daily S&P Oil & Gas Exp. Invest in stocks, options and ETFs (funds), all commission-free with the Robinhood app. According to the Centers for Disease Control and Prevention, 34.2 million people in the U.S. have diabetes (75% of which know it), with another 88 million exhibiting symptoms of prediabetes. Stock Advisor launched in February of 2002. Aside from the simplicity of use, DexCom's CGMs are fueling patient convenience and treatment personalization. If Robinhood investors are working with $1,000 of investment capital, they have more than enough to buy game-changing stocks for the long haul. In the second quarter, "other" revenue spiked 40% from the previous year to $366 million. Returns as of 10/20/2020. Though there may be other sites with faster active user growth, it's Facebook that advertisers are going to seek out for targeted campaigns. This "other" category includes the sale of Oculus virtual reality headsets and Portal, the company's smart video calling device. Buy or sell from 100 Stocks including AAPL, TSLA, and F. They are meant for informational purposes only, are not intended to serve as a recommendation to buy or sell any security in a self-directed Robinhood account or any other account, and are not an offer or sale of a security. Exchanging fiat currency for bitcoin is actually one of the most profitable functions for Cash App. Let's conquer your financial goals together...faster. Investors should consider their investment objectives and risks carefully before investing. Although DexCom isn't what you'd call a fundamentally cheap stock, it is a company that's expected to deliver 20%-plus growth on an annual basis for many years to come. Most folks probably know Square best for its seller ecosystem, which provides point-of-sale devices to small and medium-sized merchants. Even with COVID-19 as a serious headwind -- remember, most U.S. states and developed countries were on lockdown throughout much of April and some portion of May -- Facebook saw its monthly active user count grow by approximately 100 million to 2.7 billion from the sequential first quarter, with family monthly active people surpassing 3 billion to hit 3.14 billion. Forbes 14 hrs ago. 100 Most Popular Stocks. A Fool since 2010, and a graduate from UC San Diego with a B.A. Another exciting aspect of Facebook is that the company is still in the relatively early innings of its growth. Suffice it to say that it's been volatile. Robinhood Snacks newsletters and podcasts reflect the opinions of only the authors who are associated persons of Robinhood Financial LLC and do not reflect the views of Robinhood Markets, Inc. or any of its subsidiaries or affiliates. Bull 2X Shares, PowerShares S&P 500 High Dividend Low Volatility ETF. You'll often find him writing about Obamacare, marijuana, drug and device development, Social Security, taxes, retirement issues and general macroeconomic topics of interest. What's really interesting, though, is that this point-of-sale platform isn't just for small businesses any longer. During the March-ended quarter, 52% of the gross payment volume (GPV) that traversed Square's network came from larger businesses, which by Square's definition entails at least $125,000 in annualized GPV. Stock quotes by, Registration on or use of this site constitutes acceptance of our, 2 Robinhood Stocks to Buy and Hold Forever, 2 Top Robinhood Stocks to Sell Before the Next Market Crash, For Robinhood, The Smartest Choice Is To Keep User Data Private, 2 Stocks Robinhood Investors Will Regret Buying, 4 Stocks Robinhood Investors Should Buy and Hold for 5 Years. However, it's Square's Cash App that'll be its primary sales growth and profitability driver throughout the decade. Any third-party information provided therein does not reflect the views of Robinhood Markets, Inc., Robinhood Financial LLC, or any of their subsidiaries or affiliates. Making inroads with bigger businesses should lead to higher merchant fees and less of a payment processing drop-off when the next economic contraction strikes. However, increased periods of volatility also have a knack for bringing short-term and novice investors out of the woodwork. In recent months, we've witnessed Robinhood investors pile into Hertz following its Chapter 11 bankruptcy filing, Eastman Kodak after being awarded a $765 million government loan, and Nikola, despite the electric-truck manufacturer having not collecting a cent in revenue. The price of a given security may increase or decrease based on market conditions and customers may lose money, including their original investment. All investments involve risk and the past performance of a security or financial product does not guarantee future results or returns. Wall Street is counting on Square to more than quadruple its sales between 2019 and 2023, which makes it a fintech stock Robinhood investors are going to want to own. And don't let its nearly $440 share price scare you off -- it has plenty of upside still to come. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. As one final note, don't overlook Facebook's non-ad-based revenue potential. That's because it allows long-term-minded investors to buy into great companies at a discount. Robinhood Stock . Investors should also understand what a monstrous market opportunity CGMs are in the United States. Either the real-time data can be displayed on a DexCom wireless device, a smartphone, or a smartwatch for the patient to act on (if need be), or it can be sent wirelessly to an insulin pump, which will dispense doses of insulin on an as-needed basis. Robinhood, a pioneer of commission-free investing, gives you more ways to make your money work harder. Disclaimer | DexCom's potential patient pool is enormous, and it continues to grow every year. Market data powered by FactSet and Web Financial Group. The company's Clarity software allows diabetics to aggregate their blood glucose readings into easy-to-read digital reports that can be sent to a primary care physician or specialist. It's become especially popular during the pandemic as people shift away from using cash. It's also important for young investors to understand that starting capital isn't a constraint. Here are three perfect examples for Robinhood's members to consider buying. The point is, no social media platform offers access to more eyeballs than Facebook. © 2020 Insider Inc. and GmbH (Imprint). Once Facebook begins monetizing these highly popular platforms, it should see a significant surge in sales and cash flow. This gives Facebook a ridiculous amount of ad-pricing power. Robinhood Financial LLC, member FINRA/SIPC. These innovations, along with Facebook Pay, could be sneaky growth drivers this decade.

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