Back to top

Image: Bigstock

Zacks Market Edge Highlights: Robinhood, Charles Schwab, Morgan Stanley and Interactive Brokers

Read MoreHide Full Article

For Immediate Release

Chicago, IL – August 5, 2021 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:

Should You Buy Shares of Robinhood?

Welcome to Episode #281 of the Zacks Market Edge Podcast.

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.

This week, Tracey is joined by Zacks Stock Strategist, David Borun, to talk about the Robinhood IPO (HOOD - Free Report) and its stock.

What’s the actual Robinhood business?  David discusses where Robinhood gets its revenue and what it might mean for investors.

If you’re a user of Robinhood’s app, you might be surprised with the business model.

Consolidation in the Brokerage Industry

Robinhood isn’t the only player in the brokerage industry, obviously. It has seen consolidation in the last few years.

Schwab (SCHW - Free Report)  now owns TD Ameritrade and Morgan Stanley (MS - Free Report)  bought eTrade, the first online brokerage firm.

But Interactive Brokers (IBKR - Free Report)  is also still a popular platform and David says their product “rivals what the pros use.”

Shares of Interactive Brokers have fallen 14% in the last 3 months and now trade with a forward P/E of just 20.4.

Tracey and David also talk about Robinhood’s influence on the meme stocks and whether it has democratized investing as millions of retail investors have started investing thanks to the app.

What else do you need to know about the Robinhood IPO?

Tune into this week’s podcast to find out.

 

Follow us on Twitter:  https://twitter.com/zacksresearch

 

Join us on Facebook:  https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

 

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

 

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

https://www.zacks.com/performance

 

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Published in