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The banking crisis was downgraded a bit this week. So here's what else you should have been watching in markets.
Robinhood (NASDAQ: HOOD), the online brokerage that popularized commission-free trades among retail investors, is often associated with meme stocks, speculative option trades, and cryptocurrencies. According to Robinhood's own investor index, Walt Disney (NYSE: DIS), Apple (NASDAQ: AAPL), and NIO (NYSE: NIO) are among the most widely held stocks on its platform. Let's see why these three stocks could also deliver promising returns for long-term investors who might not think of themselves as "Robinhood" traders.
All five of the FAANG stocks -- Facebook's parent company Meta Platforms, Apple, Amazon, Netflix, and Google's parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) -- hit their all-time highs in 2021 and early 2022.