12 Best Stocks to Buy and Hold For 10 Years

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

Number of Hedge Fund Holders: 79

Robinhood Markets, Inc. (NASDAQ:HOOD) is an American financial technology company that operates an electronic trading and financial services platform where people can trade stocks, options, commodity interests, and crypto. The company is known for its role in transforming financial services by introducing commission-free stock trading and innovative trading tools. Robinhood Markets, Inc. (NASDAQ:HOOD) ranks among the best stocks to buy for the long term.

The company reached record highs in revenue, net income, adjusted EBITDA, and EPS in Q4 2024. Robinhood Markets, Inc. (NASDAQ:HOOD) reported total net revenues reached $1.01 billion, representing a growth of 115% compared to the previous year. Transaction-based grew by more than 200% year-over-year to $672 million, mainly driven by cryptocurrencies revenue of $358 million, up over 700%. Robinhood Markets, Inc. (NASDAQ:HOOD) is actively working to grow its product portfolio and expand internationally. Since the start of the fourth quarter of 2024, Robinhood Markets, Inc. (NASDAQ:HOOD) added seven new crypto assets in the US and launched Ethereum (ETH) staking in the EU. In June 2024, the company agreed to acquire Bitstamp, the world’s longest-running crypto exchange. This move is expected to significantly increase Robinhood Markets, Inc.’s (NASDAQ:HOOD) crypto trading volumes. The company is also growing its presence internationally and announced plans to expand into the Asia-Pacific region in 2025. In February 2025, Robinhood Markets, Inc. (NASDAQ:HOOD) also began offering options trading to its customers in the United Kingdom.

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