BABA - 3 Stocks Robinhood Investors Love
Robinhood, a free app offering commission-free trading of stocks, options, and more, has attracted a lot of attention in recent months. Many investors who use it seem drawn to specific names, and they're not necessarily stocks that receive a lot of coverage.
Among Robinhood's 100 most popular stocks, the highest-rated according to Wall Street analysts are Catalyst Pharmaceuticals (NASDAQ: CPRX), Corbus Pharmaceuticals (NASDAQ: CRBP), and Alibaba (NYSE: BABA). Although most investors recognize e-commerce giant Alibaba as a sort of Amazon equivalent primarily operating in China, the two pharmaceutical stocks remain largely unknown. And while all hold potential for massive shareholder gains, they also face dangers investors may have ignored.
Catalyst Pharmaceuticals has committed itself to developing "novel, safe, and efficacious therapies" designed to improve the lives of those with rare or ultra-rare conditions.