Robinhood (HOOD) has become the de facto investment platform for new retail investors, especially those in the younger cohort. This has evolved into a stock market windfall, showing no signs of slowing in the past two years.
The platform's popularity has been boosted by the broader market's rally, which has lifted HOOD stock by 421% over the past year. Bulls expect the rally to continue. The argument is that Robinhood has established itself as a mainstay in the investing space and will be able to aggressively expand its pricing power. After all, there will only be new entrants to the investing space.
