11 Best Fintech Stocks to Buy Right Now

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9. Robinhood Markets, Inc. (NASDAQ:HOOD)

Number of Hedge Fund Holders: 76

Robinhood Markets, Inc. (NASDAQ:HOOD) ranks among the best fintech stocks to buy right now. On June 27, Compass Point increased its price target for Robinhood Markets, Inc. (NASDAQ:HOOD) from $64 to $96 and kept a “Buy” rating.

The firm highlighted Robinhood Markets, Inc.’s (NASDAQ:HOOD) strong year-to-date performance as “the business is clicking on all cylinders.”

Compass Point analysts pointed out multiple growth themes that support Robinhood Markets, Inc. (NASDAQ:HOOD). These include “a well capitalized retail trader, maturing Millennial/Gen Z demographics, and efficiencies from blockchain tech” like tokenized stocks and stablecoins.

The research firm also advised investors to consider buying Robinhood Markets, Inc. (NASDAQ:HOOD) in case of a potential dip. Compass Point sees enough catalysts in 2025 that could push the stock price higher.

Robinhood Markets, Inc. (NASDAQ:HOOD) is a US-based financial services and technology company that allows users to invest in stocks, options, futures, and cryptocurrencies through its user-friendly platform.

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