5 Reddit WallStreetBets Stocks That are Rising

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

Number of Hedge Fund Holders: N/A  

Percentage Gain in Last Five Days: 60.03%   

Robinhood Markets, Inc. (NASDAQ: HOOD) is ranked first on our list of 10 Reddit WallStreetBets stocks that are rising. The company owns and runs a financial services platform that is famous for offering low-cost equity trades. The company is based in California. The company went public on July 29 and fetched a valuation of around $29 billion. Some of the trades offered on the Robinhood platform include stocks, exchange-traded funds, options, gold, and cryptocurrencies, among others. 

On August 5, investment advisory Wolfe Research initiated coverage of Robinhood Markets, Inc. (NASDAQ: HOOD) stock with a Peer Perform rating and a price target of $45. Steven Chubak, an analyst at the firm, issued the ratings update. 

Robinhood Markets, Inc. (NASDAQ: HOOD) has had a volatile run at the market since debuting on the stock market late last month. Trading of the stock has been halted twice in less than a week since then. 

You can also take a peek at 15 Best Electric Car Stocks to Buy Now and 10 Real Estate Dividend Stocks to Buy in August 2021.

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