This has been a crazy year for the investment community. Although volatility in the stock market has always been present, we have seen the biggest bear market decline in history during the first quarter, as well as the most volatile rise from the lows of the bear market to new highs. You can rightly say that 2020 has been tested like an investor’s resolution, never before.
But it’s especially striving for millennials or novice investors who may not have explored them in the bear market before.
Invest online investment app Robinhood has gained millions of new members this year, with an average age of 31 of its users. Although the platform’s leaderboards (i.e., its list of most-held stocks) include a handful of well-known and time-tested companies, millennials and novice investors are also attracted to the fair share of their terrifying companies.
However, investing in Robinhood doesn’t have to be difficult. They need to change their game plan to think about their investments in terms of years instead of days, weeks or months. The following four stocks are great companies that Robinhood investors can confidently buy and hold for five years or more.
What is one easy way to motivate young people to invest? Let them buy into a high-growth company with which many can collaborate: Pinterest (NYSE: PIN).
Social media up-commerce Pinterest has not run on similar growth issues that other platforms have not named Facebook. In the June-end quarter, Pinterest increased its monthly active member count to Skyrocket from 116 million (39%) to 416 million in the previous year, with most of these users located outside the United States. The bad news is that the U.S. The average revenue per user outside the U.S. Is significantly lower than the ARPU within, however, higher than Pinterest International ARPU last year, and overseas ARPU growth is a big reason it could drive stable double-digit sales. .
Pinterest is also an emerging e-commerce opportunity. You might think of Pinterest as a fun place to pin products, services, or places that interest you. Pinterest sees this pinned board as the perfect opportunity to connect motivated customers with small businesses specializing in their business.
Look for Pinterest to become perhaps the top performing social media company in this decade.
Robinhood’s leaderboard shows that its members are drawn to companies researching coronavirus vaccines. I’m not a big fan of chasing what can be a crowded and unpredictable place. Instead, I would suggest to Robinhood investors to buy like proven, high-growth biotech stocks. Exilexis (Nasdaq: Excel).
Axelixis is a cancer drug developer that grows significantly in the cotyledons of mainly carbomatics. Cabomatics 201 flop in a prostate cancer trial in 2014, but eventually succeeded in completing its primary endpoint in treating first and second line renal cell carcinoma and hepatocellular carcinoma. These indices should be combined for more than 1 billion of annual sales.
But Axelix has not been there. With the cash reimbursed from its operations each year, the company has re-ruled its internal research area. There are also about six dozen ongoing clinical studies in which chemomatics is being investigated as a monotherapy or combination therapy. This includes the study of Phase 3 including Cabometics and Bristol Myers Squib‘Immunotherapy dipdivo operates circles conducive to previous standard-care in first-line RCC.
Axelix has been going on cash for years, while enjoying the prospect of double-digit growth from Cabometics.
Millennial investors are also fans of investing in marijuana stocks. U.S. While there are too many pot stocks to choose from, members of Robinhood cannot buy over-the-counter trading companies. Thus, instead of focusing directly on the players, a high-growth subsidiary Grogeneration (Nasdaq: GRWG) Sounds like a smart buy and hold.
Grogrenration currently has 28 stores open in 10 states, and is responsible for providing hydroponic solutions, as well as lighting, soil and an assortment of nutrients to growers. U.S. Although 34 states have given green light to medical marijuana, there are plenty of opportunities for farmers to improve yields and lower production costs. Grogen aims to open retail outlets by the end of next year.
What has been impressive for Grogeneration is how many different ways it can extend its top line. We have seen continuous organic growth from existing locations. The company has also made about a dozen acquisitions since 2014 to expand and expand its product portfolio. The company has also launched a private label program to improve the repeat business and strengthen its margins.
Everyone knows that the direct players in the pot industry are growing like weeds, but Grozen has shown that it can keep pace with multistate operators in the sales growth segment.
There is probably no more consistent double-digit growth rate than cybersecurity in this decade. The novel coronavirus perfectly shapes the environment of traditional office fees, with more employees working remotely than ever before. This means increasing the emphasis on storing data in the cloud, as well as keeping that data safe.
Robinhood investors should consider buying and holding a cybersecurity company for at least the next five years. Octa (Nasdaq: Octa). The company offers a diverse portfolio of identity verification solutions that lean on artificial intelligence to become smarter over time. Octa’s product portfolio is designed to grow with its customers – as they expand, new defenses are more likely to be added. Octa’s plan for margin expansion is to make existing customers spend more.
Moreover, ta %%, precisely Ok Kta’s huge revenue, has been taken from subscriptions. Subscription revenue has higher margins, and that reduces the likelihood of a customer churning. In the July-end quarter, Octa’s total was up 210 basis points from a year earlier to a healthy 74.5%.
Octa is not a cheap stock by any means, but it provides a basic need service in today’s developed digital economy. It indicates additional side lattice remnants.