10 Stocks With 10-60% Upside

8. Robinhood Markets Inc. (NASDAQ:HOOD)

Robinhood Markets bounced back from losses on Monday to hit an all-time high after its prediction market services surged to a new record level.

In intra-day trading, the company soared to its highest 52-week price of $136.84 before giving up marginal gains to end the day up by 12.27 percent at $136.72 apiece.

This followed Robinhood Markets Inc. (NASDAQ:HOOD) Chief Executive Officer Vlad Tenev’s announcement that the company’s prediction markets officially cracked past the 4 billion event contracts, more than half of which occurred in the third quarter alone.

In partnership with Kalshi, a US-based financial exchange and prediction market regulated by the US Commodity Futures Trading Commission, Robinhood Markets Inc. (NASDAQ:HOOD) provides its customers the ability to trade prediction-market contracts. Just recently, it expanded its offerings into pro- and college football contracts.

In other developments, investors also continued to digest Robinhood Markets Inc.’s (NASDAQ:HOOD) news last week that it officially rolled out banking services as part of its broader push to become a full-service financial hub.