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The Bulls vs the Bears: Robinhood Markets Inc (NASDAQ: HOOD)
By Seedly  •  August 12, 2021
Robinhood Markets Inc (NASDAQ: HOOD) has sure caught the attention of many US investors by making investing more accessible to them… … and enabling first-time investors to participate in one of the greatest wealth creators of our time — the stock market. In fact, over 50% of Robinhood customers are new to investing. Source: Robinhood SEC Form S-1 Filing Although the online brokerage is unavailable in Singapore, we can partake in Robinhood’s rapid growth since the company is now public after its initial public offering (IPO) at the end of last month. However, before you get all too bullish about the company… … let’s look at both the positive and negative aspects of Robinhood to make a more well-informed decision before investing in its shares. Why You Should Buy Robinhood Shares (The Bull Case) Source: Giphy Strong Customer Base Leading to Profitability Robinhood’s business has been a beneficiary of the COVID-19 pandemic....
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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