5 Most Undervalued Blockchain Stocks To Buy According To Hedge Funds

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

Number of Hedge Fund Investors In Q3 2023: 28

Average Analyst Share Price Upside: 10%

Robinhood Markets, Inc. (NASDAQ:HOOD) is a well known firm that provides retail investors with an easy way to make bets on the stock market. The firm is currently looking to expand its global presence and it is currently trying to enter the U.K. market for the third time.

As of September 2023, 28 out of the 910 hedge funds part of Insider Monkey’s database had held a stake in the firm. Catherine D. Wood’s ARK Investment Management owned the largest Robinhood Markets, Inc. (NASDAQ:HOOD) stake among these which was worth $322 million.

Follow Robinhood Markets Inc.