Seven Robinhood stocks to explore this festive season

Highlights

  • Ford Motor Company (NYSE: F) will invest around US$316 million to build EV components at its Halewood factory in England.

  • Apple Inc. (NASDAQ: AAPL) announced a new subscription tier for Apple Music and Apple Music Voice Plan.

  • NIO Inc. (NYSE: NIO) global vehicle delivery was up 100% YoY in the September quarter.

Stock trading on app-based platforms has gained currency as more and more tech-savvy young investors join the digital trading bandwagon, aided by smartphones and computers. Robinhood Markets, Inc. (NASDAQ: HOOD) is one such app popular among young traders.

The Menlo Park, California-based financial company offers services like commission-free stock trading, exchange-traded funds, and crypto trading. The company made its stock market debut through an initial public offering (IPO) in the third quarter this year.

Here we explore seven Robinhood stocks catching the attention of investors.

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Ford Motor Company (NYSE: F)

Ford is an automobile manufacturing company based in Dearborn, Michigan. It designs and manufactures cars, trucks, and utility vehicles.

The company plans to invest around US$316 million to build electric car components at its Halewood factory in the UK, the company said on Monday. The plant is expected to produce around 250,000 power units a year from mid-2024.

The shares traded at US$15.57 at 1:16 pm ET on October 18, down 0.83% from their closing price of October 15. Its stock value increased by 84.27% YTD. The firm has a market cap of US$62.33 billion, a P/E ratio of 18.36, and a forward P/E one year of 9.87. Its EPS is US$0.85.

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The 52-week highest and lowest stock prices were US$16.45 and US$7.57, respectively. Its trading volume was 77,211,820 on October 15.

The company will release its Q3, FY21, financial results on October 27. Its vehicle sales totaled 156,614 in September, representing an increase of 3.8% from August.

In the second quarter of FY 2021, the company's total revenue was US$26.75 billion compared to US$19.37 billion in the same quarter of the previous year. Its net income came in at US$561 million compared to US$1.11 billion in Q2, FY20.

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7 Robinhood stocks to watch in the fourth quarter of 2021

Source: Pixabay


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Apple Inc. (NASDAQ: AAPL)

Apple is one of the leading technology and consumer electronics companies based in Cupertino, California. The stock was priced at US$146.01 at 1:32 pm ET on October 18, up 0.81% from its previous closing price. The AAPL stock rose 11.92% YTD.

Its market cap is US$2.52 trillion, the P/E ratio is 28.54, and the forward P/E one year is 25.91. Its EPS is US$5.11. The stock saw the highest price of US$157.26 and the lowest price of US$107.32 in the last 52 weeks. Its share volume on October 15 was 67,940,330.

The company has announced a new subscription tier for Apple Music and Apple Music Voice Plan. In addition, on Monday, it unveiled its third-generation Airpods featuring spatial audio and other advanced features.

The company's net sales were US$81.43 billion in Q3, FY21, compared to US$59.68 billion in the third quarter of the previous year. Its net income came in at US$21.74 billion compared to US$11.25 billion in Q3, FY20.

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Tesla, Inc. (NASDAQ: TSLA)

Tesla is one of the world’s leading electric vehicle manufacturers headquartered in Palo Alto, California. However, it plans to shift its main office complex to Texas.

Its shares traded at US$874.43 at 1:42 pm ET on October 18, up 3.72% from its closing price of October 15. Its stock value surged 15.52% YTD. The firm has a market cap of US$871.94 billion, a P/E ratio of 453.34, and a forward P/E one year of 240.18. Its EPS is US$1.92.

The 52-week highest and lowest stock prices were US$900.40 and US$379.11, respectively. Its trading volume was 18,924,570 on October 15.

The company will release its third-quarter earnings results on Wednesday, October 20, after the market close. It manufactured around 238,000 vehicles in the third quarter and delivered more than 240,000 vehicles.

The total revenue of the company increased by 98% YoY to US$11.95 billion in Q2, FY21. On a GAAP basis, its attributable net income came in at US$1.14 billion, representing an increase of 998% from the same quarter of the previous year.

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NIO Inc. (NYSE: NIO)

NIO is a Shanghai, China-based automobile manufacturing firm that specializes in designing and developing EVs. The stock was priced at US$39.55 at 1:50 pm ET on October 18, up 4.88% from its previous closing price. The NIO stock fell 29.5% YTD.

Its market cap is US$64.98 billion, and the forward P/E one year is -47.73. Its EPS is US$-0.85.

The stock saw the highest price of US$66.99 and the lowest price of US$25.46 in the last 52 weeks. Its share volume on October 15 was 48,168,970.

The company has delivered 10,628 vehicles globally in September, representing an increase of 125.7% YoY. For the three months ended on September 30, the company's total delivery rose 100.2% YoY to 24,439 vehicles.

The total revenue of the firm increased by 127.2% YoY to RMB8.44 billion in Q2, FY21. It reported a net loss of RMB587.2 million, against a loss of RMB1.17 billion in Q2, FY20.

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Amazon.com, Inc. (NASDAQ: AMZN)

Amazon.com is one of the world's leading technology companies based in Seattle, Washington, specializing in e-commerce, cloud computing, media streaming, etc.

Its shares traded at US$3437.77 at 1:57 pm ET on October 18, up 0.84% from its closing price of October 15. Its stock value ticked up 6.98% YTD. It has a market cap of US$1.74 trillion, a P/E ratio of 59.89, and a forward P/E one year of 65.33. Its EPS is US$57.37.

The 52-week highest and lowest stock prices were US$3,773.08 and US$2,881.00, respectively. Its trading volume was 5,179,941 on October 15.

On Monday, the firm announced plans to hire 150,000 seasonal workers in the US to strengthen its delivery services during the holiday season.

The company is expected to release its third-quarter earnings results on October 28 after the market close. Its net sales jumped 27% YoY to US$113.1 billion in Q2, FY21. Its net income came in at US$7.8 billion compared to US$5.2 billion in Q2, FY20.

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Microsoft Corporation (NASDAQ: MSFT)

Microsoft Corporation is a technology company based in Redmond, Washington. It focuses on developing computers, software, and other consumer electronics products.

The stock was priced at US$307.21 at 2:11 pm ET on October 18, up 0.99% from its previous closing price. The MSFT stock grew 39.74% YTD. Its market is US$2.30 trillion, the P/E ratio is 38.19, and the forward P/E one year is 35.21. Its EPS is US$8.05.

The stock saw the highest price of US$305.84 and the lowest price of US$199.62 in the last 52 weeks. Its share volume on October 15 was 25,384,800. The company is expected to report its first-quarter fiscal 2022 results on October 26.

In the fourth quarter of fiscal 2021, the company's revenue jumped 21% YoY to US$46.2 billion. Its net income was up 47% YoY to US$16.5 billion.

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Robinhood stocks: Ford (F), Apple (AAPL), Tesla (TSLA), Amazon (AMZN), NIO (NIO), Microsoft (MSFT), Naked Brand (NAKD).

Source: Pixabay

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Naked Brand Group Limited (NASDAQ: NAKD)

Naked Brand is based in New York and manufactures and sells various apparel products, including swimwear. The shares of the company traded at US$0.6752 at 2:20 pm ET on October 18, up 0.28% from its closing price of October 15. Its stock value increased by 209.28% YTD.

The firm has a market cap of US$611.48 million. Its 52-week highest and lowest stock prices were US$3.40 and US$0.07, respectively. Its trading volume was 45,104,410 on October 15.

The company's revenue was NZ$80.03 million for the fiscal year ended on January 31, 2021, compared to NZ$90.06 million in the year-ago period. It reported a total loss of NZ$72.83 million, compared to a loss of NZ$52.17 million in the same period a year ago.

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Bottomline

According to Robinhood, around half of all app-based retail trading accounts opened in the US between 2016 and 2021 were Robinhood accounts. The average age of users is 31, who are relatively inexperienced, the company said. The HOOD stock surged 17.83% YTD.

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