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Are Robinhood Investors Buying The Dip? – Here’s The Verdict

Monday, June 29, 2020 · Johnny Hopkins

With all of the talk about Robinhood investors and their stock picks lately we thought we’d take a look at the Robintrack Leaderboard to see how the top 10 picks have performed over the past twelve months to try to determine whether the collective strategy appears to be based more on value or momentum. Robintrack keeps track of how many Robinhood users hold a particular stock over time. Data includes the stock name and ticker, the number of Robinhood users holding the stock, and the stock’s performance over the past twelve months. Here’s our results, we’ll leave it up to you to decide:

10. Aurora Cannabis Inc (NYSE: ACB) – 458,302 Users Holding – Down 86%.
9. Apple Inc. (NASDAQ: AAPL) – 485,787 Users Holding – Up 77%.
8. GoPro Inc (NASDAQ: GPRO) – 490,719 Users Holding – Down 19%.
7. Microsoft Corporation (NASDAQ: MSFT) – 491,672 Users Holding – Up 46%.
6. Carnival Corp (NYSE: CCL) – 492,728 Users Holding – Down 65%.
5. Delta Air Lines, Inc. (NYSE: DAL) – 593,628 Users Holding – Down 53%.
4. Walt Disney Co (NYSE: DIS) – 623,504 Users Holding – Down 22%.
3. American Airlines Group Inc (NASDAQ: AAL) – 655,324 Users Holding – Down 60%.
2. General Electric Company (NYSE: GE) – 833,496 Users Holding – Down 37%.
1. Ford Motor Company (NYSE: F) – 926,465 Users Holding – Down 40%.