Forget Robinhood! My No. 1 Brokerage Stock to Buy Now

Robinhood's IPO flopped out of the gate. Here's a better buy.

Forget Robinhood! My No. 1 Brokerage Stock to Buy Now Adam O'Dell, CMT, Chief Investment Strategist It’s official. Robinhood Markets (Nasdaq: HOOD) is a public company following its initial public offering (IPO) on Thursday. You can now trade the broker of choice for many meme-stock traders. If you have a Robinhood account, you can do so on its platform. But should you? It may be tempting after the stock dropped 8% on launch… Let’s do a deeper dive on this disruptive upstart to find out. Suggested Stories: Build Your Best Tax Shelter: Traditional vs. Roth 401(k) Ryder Stock: An Amazon-Proof Dividend for the Long Haul FROM OUR PARTNERS Trump's Final Gift To America There's a little-known way Trump could – one day – have his revenge. It involves a Federal Ruling he oversaw in the final year of his Presidency that could change America forever… unleash an estimated $15.1 trillion in new wealth… and create countless ways for everyday Americans to benefit. What is this little understood decision? And how will it impact you? All the important facts are here. Marijuana Market Update 2022 Forecast: Why We Could See More Cannabis IPOs Matt Clark, Research Analyst In today’s Marijuana Market Update, I discuss the benefits of federal legalization to investors like us and provide an update on our new Money & Markets Cannabis Index. Let’s start with legalization. Suggested Stories: This Small Bank's 43% Growth Target Is a Bullish Buy Signal Grantham's Market Forecast Spells Doom — How to Beat It FROM OUR PARTNERS No. 1 Stock for the Green Energy Boom America's $51 trillion green boom will be of unheard magnitude. Only it's not from anything Biden is doing. Or from any big corporation. Instead, one pioneering company is at the forefront. You won't believe what its battery tech can do. It's 25X more powerful than a Tesla EV.  Click here for the full story. Chart of the Day Michael Carr, CMT What Durable Goods Slowdown Means for Stocks I’ve written before about the importance of the monthly durable goods report. It’s one of the few economic reports that is forward-looking. Formally known as the monthly report from the Census Bureau on new orders for durable goods, this data offers insights into what factories will produce in the future. Durable goods orders are trending downward (see chart below), but that’s bullish for stocks. Here’s why. Suggested Stories: Potential GDP Shows High Unemployment Will Continue Misery Index Makes 2022 Elections Look Like It's 1980 1956: "In God We Trust" was adopted as the U.S. national motto, replacing "E Pluribus Unum."  Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: https://moneyandmarkets.com/contact-us/ Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets expressly forbids its writers from having a financial interest in their own securities or commodities recommendations to readers. Such recommendations may be traded, however, by other editors, Money & Markets, its affiliated entities, employees, and agents, but only after waiting 24 hours after an internet broadcast or 72 hours after a publication only circulated through the mail. (c) 2021 Sovereign Offshore Services, LLC. Money & Markets. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: Click here to Unsubscribe

Misery Index Makes 2022 Elections Look Like It’s 1980