Stocks

Buy, Sell, or Hold: What to Do About Robinhood Stock Right Now

By Shah Gilani, Chief Investment Strategist, Money Morning • Monday, August 2, 2021

Robinhood is finally available to trade after weeks and weeks of endless speculation about the whens and hows.

It hit the exchanges Thursday at around $38, which would value it at roughly $32 billion. It's traded between $33 and $36.50 ever since.

The valuation of around $32 billion is certainly not outrageous; it's right in the ballpark. And by now, we're all familiar with its disruptive business model. I've gone so far as to call it "revolutionary," and there's no denying that market democratization has bitten Wall Street a few times over the past year.

But is it a "buy" at $33, or $36, or $38?

I've got the answer for you right here...

Four Stocks to Sell ASAP

China's been cracking down on it's own tech startups, likely making a point as they continue to stir the geopolitical pot. The result: the biggest two-day drop in Chinese stocks since 2008. And some may never recover... Here's Mark Sebastian with the four Chinese tickers you don't want anywhere near your money...

Check Them Out...

Fast Profits

The Delta Variant Won't Take Down This Grocer Stock

This grocer stock thrived during the last pandemic, and no matter what the Delta variant throws at us next, we're expecting another rally by year's end. So whether we're staring down the barrel of another lockdown, or we officially leave COVID-19 behind us, this is a prime trade to make now.

Trade Details...