5 Robinhood Stocks with Biggest Upside

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In this article, we will take a look at the 5 Robinhood stocks with biggest upside. To see more such companies, go directly to 11 Robinhood Stocks with Biggest Upside.

5. Applied Optoelectronics Inc. (NASDAQ:AAOI)

Number of Hedge Fund Holders: 10

Fiber optics networking products company Applied Optoelectronics Inc. (NASDAQ:AAOI) ranks 5th in our list of the best Robinhood stocks to buy.  Applied Optoelectronics Inc. (NASDAQ:AAOI) is already up a whopping 400% over the past one year but analysts believe it has more room to run. Recently, B. Riley Securities upgraded the stock to Buy from Neutral, citing improving demand and margins. The firm upped its price target for Applied Optoelectronics Inc. (NASDAQ:AAOI) to $11.50 from $2.50.

As of the end of the second quarter of 2023, 10 hedge funds tracked by Insider Monkey had stakes in Applied Optoelectronics Inc. (NASDAQ:AAOI).

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