The Robinhood stock investing and trading platform runs a list of the 100 most popular stocks on its website. These stocks tend to be more popular with millennials and younger investors who are ready to bet on stocks based on market hype, and sometimes irrespective of fundamental strength. So, the list includes stocks that have attracted the attention of millennial investors for a reason…
But what can be better than relying on what is both popular and fundamentally sound when there are uncertainties in the market. To that end, it could be a good idea to bet on Robinhood stocks that have fundamental strength and a solid history of growth.
Microsoft Corporation (MSFT), PayPal Holdings, Inc. (PYPL), Nike, Inc. (NKE), and Peloton Interactive, Inc. (PTON) are four such stocks that have been continuously upgrading their offerings to capitalize on the ongoing crisis and could soar in the coming months.
Microsoft Corporation (MSFT)
MSFT develops and licenses software products including the ubiquitous Windows operating system. The company also provides cloud computing services through Microsoft Azure along with developing and marketing the Xbox series of gaming consoles. MSFT’s stock has gained 41.6% so far this year.
The company is going to release the latest instalment in its Xbox gaming console line, called Xbox Series X. The company’s forays into the gaming sector have been largely successful, and the new Xbox will help MSFT solidify its position. The company has also been working to improve its Microsoft Teams software, which will help remote learners and remote workers collaborate and work. The new update to the software will display live captions so that it is easier to communicate through the software.
During the quarter that ended September 2020, the company saw an increase in revenue of 12% compared to the same period last year. The company’s operating income rose 25% year-over-year. The company’s cloud services has been the biggest driver of growth and MSFT saw 31% more revenue coming from that segment.
MSFT is estimated to see revenue growth of 8.9% for the quarter ending December 2020, and 10.7% in 2021. The company’s EPS is expected to rise 17.5% in 2021 and at a rate of 14.5% per annum for the next five years.
How does MSFT stack up for the POWR Ratings?
B for Trade Grade
B for Buy & Hold Grade
B for Peer Grade
B for Industry Rank
B for Overall POWR Rating
The stock is also ranked #8 out of 96 stocks in the Software – Application industry.
PayPal Holdings, Inc. (PYPL)
PYPL facilitates mobile and digital payments through its technology platform. The company is one of the most popular choices for facilitating international payments. The company charges a percentage of the transaction volume as fee. PYPL’s stock has gained 89.1% so far this year.
The company has recently announced that…
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