Robinhood Markets Inc. (NASDAQ:HOOD) is among the 10 Best New Stocks to Buy in Ray Dalio’s Portfolio. On January 5, Piper Sandler reaffirmed his Overweight rating on Robinhood Markets Inc. (NASDAQ:HOOD) with a $155 price target, citing the company as his best bet to take advantage of developing consumer trading trends. The firm emphasized Robinhood’s “unparalleled brand recognition” among Gen Z and Millennial distributors in the U.S., which is causing the company to benefit from changes in investor patterns.
The firm highlighted Robinhood’s prediction market service, which debuted in 2025 and became the fastest-growing offering in the company’s history. Piper Sandler estimates that this prediction market offering already generates more than $300 million in annual revenue.
Meanwhile, Goldman Sachs lowered its price target for Robinhood Markets Inc. (NASDAQ:HOOD) to $161 from $164 on Jan. 5, citing projections that Robinhood Markets Inc. (NASDAQ:HOOD) will achieve “best-in-class” expansion across its top and bottom lines, as well as platform assets, thanks to continued product innovation that grows its total addressable market.
Robinhood Markets Inc. (NASDAQ:HOOD) operates a financial services platform in the U.S. Its platform allows users to invest in stocks, ETFs, American depositary receipts, options, gold, and cryptocurrencies.
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’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
READ NEXT: Top 10 Magic Formula Stocks for 2025 and The 10 Best Retirement Stocks to Buy According to Hedge Funds.
Disclosure: None. This article was originally published in privileged monkey.