HMLSF - 3 Stocks Robinhood Investors Aren't in Love With Anymore
As a group, Robinhood investors tend to follow the latest hot trends in the markets. So while it's a safe bet that you'll find stocks like Apple and Tesla widely held in the portfolios of these retail and millennial investors, some companies that were popular with them prior to the February-March market crash have fallen far out of favor.
Consider three companies that were in the Robinhood Top 100 on March 8 that no longer are today: OrganiGram (NASDAQ: OGI) , Salesforce (NYSE: CRM) , and Costco (NASDAQ: COST) . Let's take a look at what might have led those traders to sell them, and whether they're worth buying now.
OrganiGram never recovered from this year's market crash -- year to date, its shares are down 50%. That's a far worse performance than the Horizons Marijuana Life Sciences ETF (OTC: HMLSF) has delivered; that fund is off by 28%.
For further details see:
3 Stocks Robinhood Investors Aren't in Love With Anymore