Does Robinhood Markets, Inc. (HOOD) have what it takes to be a top stock pick for momentum investors? Let's find out.

When a stock breaks out above the 50-Day simple moving average, good things could be on the horizon. How should investors react?

We have narrowed our search to five bitcoin-oriented stocks that have strong potential for 2024. These are: COIN, HUT, HOOD, SQ, CLSK.

Investing.com -- Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Intel, Robinhood (NASDAQ:HOOD) and Boston Beer (NYSE:SAM); downgrade for SunPower (NASDAQ:SPWR).

Forget about Gamestop (NYSE:GME) and AMC Entertainment (NYSE:AMC). Robinhood Markets (NASDAQ:HOOD) stock is the picks-and-shovels way to invest in the resurgence of meme stocks. With meme stock mania seemingly heating back up, investors are eyeing shares of some of 2021’s big meme stocks again. But rather than chase shares of a specific meme stock, the smart way to invest in the theme of retail investors piling back into the market is to invest in Robinhood Markets, which will continue to benefi

An uplift in retail trading volume could boost earnings over the coming quarters, says this Wall Street analyst.

Robinhood stock soared more than 10% Friday after an analyst's upgrade, as shares rallied above a buy point.

Forget the meme stocks. Buy Robinhood stock instead.

Robinhood Markets stock was climbing Friday after a BofA Securities analyst double upgraded the trading platform, saying retail investors are becoming more active. BofA Securities analyst Craig Siegenthaler raised his call on Robinhood to Buy from Underperform and raised his price target to $24 from $14. Shares of Robinhood were up 8.4% to $19.41, on pace to have their largest percentage increase since Feb. 14, according to Dow Jones Market Data.

(Bloomberg) -- Robinhood Markets Inc. shares are on track for their best week of the year as meme stock mania grips the markets. The jump has even long-time bears at Bank of America Corp. taking notice.Most Read from BloombergIran’s President Missing After Helicopter Crash in Dense FogGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanEven If Alito Is Right, the Upside-Down Flag Was WrongChina-Bound Oil Tanker Hit by Houthi Missile in Red Sea, US SaysA 25-Year-Old BofA Trader Dies Sudde

Robinhood Markets to Benefit From Rebounding Retail Engagement, BofA Securities Says

Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 7.5% in the morning session after it received a double rating upgrade from Bank of America analyst. The analyst upgraded the stock's rating from Underperform (Sell) to Buy and raised the price target from $14 to $24. The new price target represents more than a 25% upside from where shares traded when the upgrade was announced. The analyst added, citing the reasons for the upgrade, "We view the current entry point as the opposite

**↗️** **Reddit (RDDT)**: The social-media company struck a licensing deal with OpenAI that will give ChatGPT access to its content. Reddit shares climbed more than 14% after the market open. **↗️** **Robinhood (HOOD)**: The online brokerage's trading volumes jumped this week due to frenzied trading in GameStop and other meme stocks.

Robinhood upgraded, Baidu downgraded: Wall Street's top analyst calls

Robinhood (HOOD) shares are trading higher after the company received a double upgrade from Bank of America. Robinhood now has a Buy rating after previously having an Underperform rating. Bank of America has set a $24 price target, up from $14. The analysts behind the call point to increasing retail engagement, accelerating organic growth, and large expense reductions as catalysts for the company. Robinhood also reported major cryptocurrency gains in its latest earnings report. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl

GME stock tumbles after GameStop's preliminary Q1 results disappoint. A major short seller returns. Robinhood sees double upgrade. Meme rally fizzles.

Investing.com -- Shares in Robinhood (NASDAQ:HOOD) rose by more than 5% in premarket U.S. trading on Friday after analysts at Bank of America Securities upgraded their rating of the trading platform operator.

Robinhood Markets (HOOD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

GME stock, AMC fell early Thursday as the meme stock rally loses steam. But Robinhood sees a boost from retail participation.