Opening Bid  cover image

Opening Bid

Robinhood is the perfect Trump stock, according to this analyst: Yahoo Finance names Robinhood Comeback of the Year

Dec 19, 2024
24:49

Robinhood has come a long way financially since it burst onto the scene during the meme stock frenzy. Amid a tighter control on costs and new product introductions, Robinhood has become a profitable business with its eyes set on taking on legacy financial platforms. The stock has surged this year as the business has pivoted to growth mode. Hence, the company has won Yahoo Finance’s ‘Comeback of the Year’ award. Yahoo Finance executive editor Brian Sozzi talks with Mizuho senior analyst Dan Dolev about the future of stock trading platform Robinhood. The company is becoming more than just a place to buy and sell stocks, think more wealth management player. And perhaps, sports betting. Dolev is a bull on the stock, and makes a compelling case for more upside after a big run-up this year.

Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.


Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/.


Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.


00:00-Dan Dolev on Opening Bid

04:20-Robinhood price target

08:20-Generational wealth under Robinhood

13:20-Crypto outlook under Trump

18:00-Analyst's recommendations on Robinhood and Coinbase


Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.


Dan Dolev is a Senior Financial Technology Analyst at Mizuho Securities.

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