Jim Cramer discusses expectations for upcoming Robinhood earnings

Jim Cramer discusses expectations for upcoming Robinhood earnings
Jim Cramer discusses expectations for upcoming Robinhood earnings

Robinhood Markets, Inc. (NASDAQ:HOOD) was on Jim Cramer’s Mad Money game plan for next week. Speaking about the company, Cramer said:

After the close, we get results from Robinhood Markets. We should have a fantastic quarter given all this volatility. I’m still waiting for the company to attract more than just traders in a serious way. Maybe it will happen this quarter.

A stock market fact. Photo by AlphaTradeZone on Pexels

Robinhood Markets, Inc. (NASDAQ:HOOD) operates a financial platform that allows users to trade stocks, ETFs, options, cryptocurrencies, and other assets. When a caller asked about the stock on April 15, Cramer commented:

You know what, today they got a break from the SEC in terms of the number of daily transactions that people can make. I really liked the management. Stocks are down a lot, and yet younger people still want to be there. And they got the business from Trump’s accounts, and that didn’t even move the stock… Look, every time I see the government backing a broker… I say (buy, buy, buy).

While we recognize HOOD’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also benefits significantly from Trump-era tariffs and the offshoring trend, check out our free report on the best AI stocks in the short term.

READ NEXT: 33 stocks that should double in 3 years and 15 stocks that will make you rich in 10 years

Disclosure: None. Follow Insider Monkey on Google News.

Source link