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In January 2018, the trading app Robinhood released a list of the top stocks that 20-year-old and 30-year-old investors are buying, and it instantly revealed the best millennial stocks to buy.
You see, "Generation Me" is buying up three of Money Morning Director of Technology & Venture Capital Research Michael A. Robinson's favorite tech stocks…
Robinson is a 34-year Silicon Valley veteran and one of the top technology financial analysts working today.
Must-See Interview: Marijuana stock expert Michael Robinson shares details on three tiny pot stocks set to explode following California's Jan. 1 marijuana legislation. Watch here now…
Robinson's work as a consultant, senior advisor, and board member for Silicon Valley venture capital firms has placed him at the center of several major tech innovations.
And while users of Robinhood are some of the newest investors in the market, these young traders are following Robinson's five rules of investing to the tee.
What are the five investing rules they are following?
- Determine which companies have excellent operations.
- Listen to the signals, not the noise.
- Invest in "Unstoppable Trends."
- Target growth.
- Focus on stocks that can double in price.
Three of the stocks millennials are buying fit all of those rules.
And these are millennial stocks with staying power – ones you could buy and hold for years or even decades at a time.
For the first millennial-favorite stock on the list, it could climb by 22% in the next 12 months, and that could just be a conservative estimate…