Commission-free trading app, Robinhood, has introduced stock market investing to a wider range of retail investors, but not every popular stock on the platform is one that a Motley Fool would consider a good investment.
Dave & Busters (NASDAQ: PLAY) and Royal Caribbean (NYSE: RCL) are both companies that have found their way onto Robinhood's ever-changing list of top 100 most widely held stocks. L et's explore the reasons why following the lead of Robinhood's investors could end up sinking your portfolio in these two cases.
Dave & Busters is an indoor entertainment company that features dining and arcade-style games. It's also a company that often finds itself on the Robinhood Top 100 list because of its popularity among retail investors with an eye for trendy companies.
For further details see:
2 Top Robinhood Stocks to Avoid in November